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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 | $37,357 | $76,608-51.2% | $56,077-33.4% | $145,877-74.4% |
| Participation rate | 33.3% | 63.2%-29.9pp | 52.5%-19.2pp | 80.3%-47.0pp |
| Annual return | 11.05% | 3009.59%-2998.5pp | 1709.28%-1698.2pp | 551.28%-540.2pp |
| Employer contribution / active EE | $0 | $1,382-100.0% | $1,040-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $950 | $2,624-63.8% | $1,954-51.4% | $6,691-85.8% |
| Admin fee / account holder | $182 | $3,325-94.5% | $2,825-93.6% | $13,402-98.6% |