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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 | $18,013 | $115,810-84.4% | $101,271-82.2% | $158,966-88.7% |
| Participation rate | 55.6% | 79.4%-23.8pp | 75.8%-20.3pp | 82.0%-26.4pp |
| Annual return | 38.38% | 56.15%-17.8pp | 46.48%-8.1pp | 302.95%-264.6pp |
| Employer contribution / active EE | $532 | $4,175-87.3% | $3,660-85.5% | $4,762-88.8% |
| Participant deferral / active EE | $3,533 | $4,958-28.7% | $4,371-19.2% | $5,983-40.9% |
| Admin fee / account holder | $133 | $7,248-98.2% | $5,948-97.8% | $11,250-98.8% |