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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 | $7,753 | $70,366-89.0% | $66,674-88.4% | $138,895-94.4% |
| Participation rate | 53.8% | 76.2%-22.3pp | 73.7%-19.8pp | 79.9%-26.1pp |
| Annual return | 21.09% | 386.41%-365.3pp | 321.24%-300.1pp | 145.39%-124.3pp |
| Employer contribution / active EE | $313 | $2,765-88.7% | $2,620-88.0% | $4,194-92.5% |
| Participant deferral / active EE | $1,058 | $4,374-75.8% | $4,084-74.1% | $6,396-83.5% |
| Admin fee / account holder | $157 | $5,262-97.0% | $5,098-96.9% | $12,562-98.8% |