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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 | $18,930 | $76,634-75.3% | $56,054-66.2% | $145,978-87.0% |
| Participation rate | 50.0% | 63.2%-13.2pp | 52.5%-2.5pp | 80.3%-30.3pp |
| Annual return | 9.62% | 3004.33%-2994.7pp | 1705.95%-1696.3pp | 550.52%-540.9pp |
| Employer contribution / active EE | $0 | $1,380-100.0% | $1,039-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $3,083 | $2,622+17.6% | $1,952+57.9% | $6,690-53.9% |
| Admin fee / account holder | $59 | $3,321-98.2% | $2,822-97.9% | $13,400-99.6% |