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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 | $29,401 | $102,663-71.4% | $86,216-65.9% | $139,466-78.9% |
| Participation rate | 15.0% | 74.5%-59.5pp | 69.0%-54.0pp | 80.3%-65.3pp |
| Annual return | 16.55% | 1924.52%-1908.0pp | 1169.42%-1152.9pp | 373.66%-357.1pp |
| Employer contribution / active EE | $489 | $3,035-83.9% | $2,382-79.5% | $4,754-89.7% |
| Participant deferral / active EE | $2,383 | $4,677-49.0% | $3,986-40.2% | $6,712-64.5% |
| Admin fee / account holder | $20 | $8,663-99.8% | $6,853-99.7% | $11,409-99.8% |