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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 | $50,092 | $100,262-50.0% | $81,370-38.4% | $145,897-65.7% |
| Participation rate | 61.5% | 74.3%-12.7pp | 69.5%-8.0pp | 80.3%-18.8pp |
| Annual return | 7.85% | 34.52%-26.7pp | 24.85%-17.0pp | 552.29%-544.4pp |
| Employer contribution / active EE | $0 | $2,979-100.0% | $2,464-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $916 | $4,612-80.1% | $3,885-76.4% | $6,689-86.3% |
| Admin fee / account holder | $118 | $8,163-98.6% | $5,749-97.9% | $13,390-99.1% |