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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 | $21,364 | $105,158-79.7% | $94,672-77.4% | $139,487-84.7% |
| Participation rate | 55.6% | 82.4%-26.8pp | 80.8%-25.3pp | 80.3%-24.8pp |
| Annual return | 25.73% | 38.11%-12.4pp | 156.89%-131.2pp | 373.84%-348.1pp |
| Employer contribution / active EE | $0 | $4,107-100.0% | $3,673-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $3,524 | $7,599-53.6% | $7,417-52.5% | $6,713-47.5% |
| Admin fee / account holder | $132 | $8,972-98.5% | $7,222-98.2% | $11,407-98.8% |