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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 | $15,768 | $77,908-79.8% | $149,696-89.5% | $75,173-79.0% |
| Participation rate | 16.4% | 65.6%-49.2pp | 78.8%-62.4pp | 67.2%-50.8pp |
| Annual return | 26.64% | 31.73%-5.1pp | 134.46%-107.8pp | 160.72%-134.1pp |
| Employer contribution / active EE | $294 | $3,138-90.6% | $4,821-93.9% | $2,671-89.0% |
| Participant deferral / active EE | $1,160 | $3,411-66.0% | $5,682-79.6% | $4,126-71.9% |
| Admin fee / account holder | $299 | $5,950-95.0% | $13,212-97.7% | $5,651-94.7% |