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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 | $31,029 | $99,011-68.7% | $86,582-64.2% | $147,586-79.0% |
| Participation rate | 28.6% | 76.3%-47.8pp | 73.5%-45.0pp | 82.8%-54.3pp |
| Annual return | 14.32% | 1312.75%-1298.4pp | 965.08%-950.8pp | 578.59%-564.3pp |
| Employer contribution / active EE | $0 | $3,132-100.0% | $2,839-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $542 | $3,972-86.3% | $3,609-85.0% | $5,439-90.0% |
| Admin fee / account holder | $284 | $5,709-95.0% | $4,904-94.2% | $10,886-97.4% |