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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 | $53,397 | $127,296-58.1% | $109,907-51.4% | $167,536-68.1% |
| Participation rate | 46.2% | 77.9%-31.7pp | 74.2%-28.1pp | 82.1%-36.0pp |
| Annual return | 15.17% | 22.97%-7.8pp | 29.46%-14.3pp | 478.82%-463.7pp |
| Employer contribution / active EE | $184 | $3,325-94.5% | $2,844-93.5% | $4,839-96.2% |
| Participant deferral / active EE | $951 | $4,513-78.9% | $4,047-76.5% | $6,342-85.0% |
| Admin fee / account holder | $0 | $7,119-100.0% | $6,069-100.0% | $12,315-100.0% |