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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 | $15,148 | $85,171-82.2% | $172,752-91.2% | $72,975-79.2% |
| Participation rate | 21.1% | 70.1%-49.0pp | 82.6%-61.6pp | 69.5%-48.4pp |
| Annual return | 35.79% | 27.32%+8.5pp | 802.97%-767.2pp | 81.01%-45.2pp |
| Employer contribution / active EE | $72 | $3,324-97.8% | $5,144-98.6% | $2,440-97.1% |
| Participant deferral / active EE | $2,879 | $3,260-11.7% | $5,198-44.6% | $3,608-20.2% |
| Admin fee / account holder | $0 | $5,880-100.0% | $13,955-100.0% | $5,124-100.0% |