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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 | $44,123 | $29,716+48.5% | $56,077-21.3% | $80,925-45.5% |
| Participation rate | 7.4% | 41.7%-34.3pp | 52.5%-45.1pp | 67.7%-60.3pp |
| Annual return | 15.32% | 35.30%-20.0pp | 1709.28%-1694.0pp | 35.65%-20.3pp |
| Employer contribution / active EE | $50 | $671-92.5% | $1,040-95.2% | $2,756-98.2% |
| Participant deferral / active EE | $1,129 | $1,228-8.1% | $1,954-42.2% | $4,299-73.7% |
| Admin fee / account holder | $0 | $2,432-100.0% | $2,825-100.0% | $6,940-100.0% |