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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 | $18,676 | $106,247-82.4% | $96,515-80.7% | $139,466-86.6% |
| Participation rate | 42.9% | 77.8%-35.0pp | 74.3%-31.5pp | 80.3%-37.5pp |
| Annual return | 24.02% | 38.47%-14.4pp | 35.73%-11.7pp | 373.66%-349.6pp |
| Employer contribution / active EE | $643 | $4,106-84.3% | $3,740-82.8% | $4,754-86.5% |
| Participant deferral / active EE | $1,960 | $5,456-64.1% | $4,880-59.8% | $6,712-70.8% |
| Admin fee / account holder | $0 | $7,885-100.0% | $6,735-100.0% | $11,409-100.0% |