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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 | $21,723 | $57,305-62.1% | $86,640-74.9% | $75,173-71.1% |
| Participation rate | 32.7% | 63.2%-30.6pp | 71.7%-39.1pp | 67.2%-34.6pp |
| Annual return | 22.92% | 2674.24%-2651.3pp | 592.52%-569.6pp | 160.72%-137.8pp |
| Employer contribution / active EE | $0 | $2,316-100.0% | $3,024-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $2,118 | $3,320-36.2% | $4,438-52.3% | $4,126-48.7% |
| Admin fee / account holder | $234 | $4,116-94.3% | $5,616-95.8% | $5,651-95.9% |