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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 | $10,628 | $96,678-89.0% | $86,640-87.7% | $139,466-92.4% |
| Participation rate | 38.9% | 74.4%-35.5pp | 71.7%-32.8pp | 80.3%-41.4pp |
| Annual return | 20.39% | 106.69%-86.3pp | 592.52%-572.1pp | 373.66%-353.3pp |
| Employer contribution / active EE | $0 | $3,265-100.0% | $3,024-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $2,424 | $4,837-49.9% | $4,438-45.4% | $6,712-63.9% |
| Admin fee / account holder | $0 | $6,410-100.0% | $5,616-100.0% | $11,409-100.0% |