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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 | $18,573 | $167,030-88.9% | $135,768-86.3% | $155,188-88.0% |
| Participation rate | 42.9% | 76.2%-33.3pp | 71.1%-28.2pp | 80.8%-37.9pp |
| Annual return | 21.68% | 678.39%-656.7pp | 526.10%-504.4pp | 148.84%-127.2pp |
| Employer contribution / active EE | $0 | $4,132-100.0% | $3,394-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,150 | $4,528-74.6% | $3,977-71.1% | $6,531-82.4% |
| Admin fee / account holder | $95 | $8,172-98.8% | $7,048-98.6% | $14,480-99.3% |