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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 | $21,314 | $85,171-75.0% | $172,752-87.7% | $72,975-70.8% |
| Participation rate | 15.8% | 70.1%-54.3pp | 82.6%-66.9pp | 69.5%-53.7pp |
| Annual return | 33.73% | 27.32%+6.4pp | 802.97%-769.2pp | 81.01%-47.3pp |
| Employer contribution / active EE | $0 | $3,324-100.0% | $5,144-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,561 | $3,260-52.1% | $5,198-70.0% | $3,608-56.7% |
| Admin fee / account holder | $261 | $5,880-95.6% | $13,955-98.1% | $5,124-94.9% |