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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 | $18,224 | $56,431-67.7% | $130,788-86.1% | $87,485-79.2% |
| Participation rate | 18.2% | 58.9%-40.8pp | 70.1%-51.9pp | 68.9%-50.7pp |
| Annual return | 14.41% | 91.27%-76.9pp | 386.44%-372.0pp | 26.06%-11.6pp |
| Employer contribution / active EE | $43 | $1,549-97.2% | $3,558-98.8% | $2,596-98.3% |
| Participant deferral / active EE | $1,503 | $2,749-45.3% | $4,137-63.7% | $4,274-64.8% |
| Admin fee / account holder | $83 | $4,433-98.1% | $6,673-98.8% | $7,775-98.9% |