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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 | $76,519-51.2% | $56,025-33.3% | $145,897-74.4% |
| Participation rate | 33.3% | 63.2%-29.9pp | 52.5%-19.2pp | 80.3%-47.0pp |
| Annual return | 11.05% | 3017.03%-3006.0pp | 1712.69%-1701.6pp | 552.29%-541.2pp |
| Employer contribution / active EE | $0 | $1,383-100.0% | $1,042-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $950 | $2,624-63.8% | $1,955-51.4% | $6,689-85.8% |
| Admin fee / account holder | $182 | $3,331-94.5% | $2,828-93.6% | $13,390-98.6% |