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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 | $41,218 | $104,251-60.5% | $91,004-54.7% | $147,586-72.1% |
| Participation rate | 36.4% | 78.2%-41.9pp | 75.6%-39.2pp | 82.8%-46.5pp |
| Annual return | 17.86% | 27.06%-9.2pp | 4.60%+13.3pp | 578.59%-560.7pp |
| Employer contribution / active EE | $39 | $3,116-98.8% | $2,456-98.4% | $4,876-99.2% |
| Participant deferral / active EE | $2,515 | $4,195-40.0% | $3,548-29.1% | $5,439-53.8% |
| Admin fee / account holder | $0 | $8,948-100.0% | $5,417-100.0% | $10,886-100.0% |