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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 | $16,359 | $72,071-77.3% | $68,368-76.1% | $137,256-88.1% |
| Participation rate | 14.3% | 76.2%-62.0pp | 73.8%-59.5pp | 80.0%-65.7pp |
| Annual return | 20.43% | 353.14%-332.7pp | 292.57%-272.1pp | 220.34%-199.9pp |
| Employer contribution / active EE | $361 | $2,788-87.1% | $2,649-86.4% | $4,156-91.3% |
| Participant deferral / active EE | $617 | $4,410-86.0% | $4,123-85.0% | $6,407-90.4% |
| Admin fee / account holder | $65 | $5,336-98.8% | $5,150-98.7% | $12,270-99.5% |