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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 | $28,038 | $136,433-79.4% | $98,864-71.6% | $167,553-83.3% |
| Participation rate | 26.3% | 70.3%-43.9pp | 65.7%-39.4pp | 82.1%-55.8pp |
| Annual return | 12.30% | 67.76%-55.5pp | 50.03%-37.7pp | 478.89%-466.6pp |
| Employer contribution / active EE | $0 | $2,636-100.0% | $2,070-100.0% | $4,840-100.0% |
| Participant deferral / active EE | $507 | $3,721-86.4% | $3,037-83.3% | $6,343-92.0% |
| Admin fee / account holder | $291 | $5,039-94.2% | $4,080-92.9% | $12,316-97.6% |