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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 | $20,128 | $70,366-71.4% | $66,674-69.8% | $138,895-85.5% |
| Participation rate | 60.0% | 76.2%-16.2pp | 73.7%-13.7pp | 79.9%-19.9pp |
| Annual return | 16.81% | 386.41%-369.6pp | 321.24%-304.4pp | 145.39%-128.6pp |
| Employer contribution / active EE | $0 | $2,765-100.0% | $2,620-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $1,629 | $4,374-62.8% | $4,084-60.1% | $6,396-74.5% |
| Admin fee / account holder | $219 | $5,262-95.8% | $5,098-95.7% | $12,562-98.3% |