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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 | $31,015 | $169,356-81.7% | $129,406-76.0% | $145,897-78.7% |
| Participation rate | 33.3% | 76.5%-43.2pp | 69.6%-36.3pp | 80.3%-47.0pp |
| Annual return | 12.28% | 14418.62%-14406.3pp | 9468.18%-9455.9pp | 552.29%-540.0pp |
| Employer contribution / active EE | $110 | $5,542-98.0% | $4,155-97.3% | $4,663-97.6% |
| Participant deferral / active EE | $1,168 | $4,987-76.6% | $4,167-72.0% | $6,689-82.5% |
| Admin fee / account holder | $51 | $9,915-99.5% | $7,689-99.3% | $13,390-99.6% |