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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 | $8,997 | $96,643-90.7% | $86,617-89.6% | $139,456-93.5% |
| Participation rate | 62.5% | 74.4%-11.9pp | 71.7%-9.2pp | 80.3%-17.8pp |
| Annual return | 24.14% | 106.57%-82.4pp | 591.91%-567.8pp | 373.45%-349.3pp |
| Employer contribution / active EE | $311 | $3,264-90.5% | $3,023-89.7% | $4,753-93.4% |
| Participant deferral / active EE | $1,822 | $4,835-62.3% | $4,437-58.9% | $6,711-72.9% |
| Admin fee / account holder | $4 | $6,406-99.9% | $5,613-99.9% | $11,407-100.0% |