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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 | $44,373 | $104,924-57.7% | $84,623-47.6% | $152,885-71.0% |
| Participation rate | 6.7% | 74.8%-68.2pp | 68.2%-61.6pp | 82.5%-75.8pp |
| Annual return | 21.98% | 373.82%-351.8pp | 258.77%-236.8pp | 345.39%-323.4pp |
| Employer contribution / active EE | $166 | $3,302-95.0% | $2,652-93.7% | $4,763-96.5% |
| Participant deferral / active EE | $1,214 | $4,689-74.1% | $3,899-68.9% | $5,851-79.3% |
| Admin fee / account holder | $0 | $6,242-100.0% | $4,913-100.0% | $11,598-100.0% |