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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 | $22,947 | $99,009-76.8% | $86,581-73.5% | $147,585-84.5% |
| Participation rate | 66.7% | 76.3%-9.7pp | 73.5%-6.9pp | 82.8%-16.2pp |
| Annual return | 17.73% | 1312.70%-1295.0pp | 965.06%-947.3pp | 578.58%-560.9pp |
| Employer contribution / active EE | $0 | $3,132-100.0% | $2,840-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $1,444 | $3,972-63.7% | $3,609-60.0% | $5,439-73.5% |
| Admin fee / account holder | $184 | $5,709-96.8% | $4,904-96.3% | $10,886-98.3% |