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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 | $15,573 | $70,366-77.9% | $66,674-76.6% | $138,895-88.8% |
| Participation rate | 63.6% | 76.2%-12.5pp | 73.7%-10.0pp | 79.9%-16.3pp |
| Annual return | 19.59% | 386.41%-366.8pp | 321.24%-301.7pp | 145.39%-125.8pp |
| Employer contribution / active EE | $0 | $2,765-100.0% | $2,620-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $2,303 | $4,374-47.4% | $4,084-43.6% | $6,396-64.0% |
| Admin fee / account holder | $12 | $5,262-99.8% | $5,098-99.8% | $12,562-99.9% |