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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 | $12,654 | $111,830-88.7% | $93,696-86.5% | $145,884-91.3% |
| Participation rate | 22.2% | 74.2%-52.0pp | 68.7%-46.5pp | 80.3%-58.1pp |
| Annual return | 19.81% | 204.08%-184.3pp | 133.74%-113.9pp | 551.85%-532.0pp |
| Employer contribution / active EE | $223 | $3,093-92.8% | $2,422-90.8% | $4,662-95.2% |
| Participant deferral / active EE | $1,465 | $4,920-70.2% | $4,417-66.8% | $6,690-78.1% |
| Admin fee / account holder | $95 | $10,249-99.1% | $8,287-98.9% | $13,392-99.3% |