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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 | $18,052 | $109,344-83.5% | $89,400-79.8% | $158,950-88.6% |
| Participation rate | 22.2% | 74.3%-52.0pp | 68.0%-45.8pp | 82.0%-59.7pp |
| Annual return | 42.80% | 345.73%-302.9pp | 245.64%-202.8pp | 302.91%-260.1pp |
| Employer contribution / active EE | $0 | $3,170-100.0% | $2,586-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $1,372 | $4,599-70.2% | $3,890-64.7% | $5,983-77.1% |
| Admin fee / account holder | $108 | $6,154-98.2% | $4,882-97.8% | $11,248-99.0% |