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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 | $26,004 | $110,093-76.4% | $97,295-73.3% | $145,897-82.2% |
| Participation rate | 44.4% | 75.9%-31.5pp | 72.7%-28.2pp | 80.3%-35.9pp |
| Annual return | 25.22% | 244.76%-219.5pp | 75.62%-50.4pp | 552.29%-527.1pp |
| Employer contribution / active EE | $0 | $3,077-100.0% | $2,723-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $6,577 | $4,678+40.6% | $4,264+54.3% | $6,689-1.7% |
| Admin fee / account holder | $30 | $6,212-99.5% | $5,646-99.5% | $13,390-99.8% |