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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,094 | $118,708-73.0% | $98,920-67.6% | $158,966-79.8% |
| Participation rate | 12.5% | 77.8%-65.3pp | 76.0%-63.5pp | 82.0%-69.5pp |
| Annual return | 21.32% | 372.49%-351.2pp | 196.47%-175.2pp | 302.95%-281.6pp |
| Employer contribution / active EE | $32 | $3,334-99.0% | $2,689-98.8% | $4,762-99.3% |
| Participant deferral / active EE | $2,438 | $5,089-52.1% | $4,245-42.6% | $5,983-59.3% |
| Admin fee / account holder | $91 | $10,134-99.1% | $6,643-98.6% | $11,250-99.2% |