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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 | $45,446 | $103,392-56.0% | $87,104-47.8% | $152,897-70.3% |
| Participation rate | 28.6% | 79.4%-50.8pp | 76.9%-48.3pp | 82.5%-53.9pp |
| Annual return | 17.04% | 28.10%-11.1pp | 28.19%-11.2pp | 345.43%-328.4pp |
| Employer contribution / active EE | $436 | $3,221-86.5% | $2,521-82.7% | $4,764-90.9% |
| Participant deferral / active EE | $3,695 | $4,778-22.7% | $4,048-8.7% | $5,851-36.8% |
| Admin fee / account holder | $0 | $12,194-100.0% | $7,491-100.0% | $11,599-100.0% |