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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 | $11,363 | $51,642-78.0% | $129,384-91.2% | $80,935-86.0% |
| Participation rate | 37.1% | 56.9%-19.8pp | 69.6%-32.5pp | 67.7%-30.5pp |
| Annual return | 14.92% | 20.78%-5.9pp | 9461.77%-9446.9pp | 35.66%-20.7pp |
| Employer contribution / active EE | $195 | $1,583-87.7% | $4,153-95.3% | $2,757-92.9% |
| Participant deferral / active EE | $778 | $2,670-70.9% | $4,166-81.3% | $4,299-81.9% |
| Admin fee / account holder | $19 | $4,312-99.6% | $7,686-99.8% | $6,924-99.7% |