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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 | $33,442 | $103,000-67.5% | $90,300-63.0% | $152,885-78.1% |
| Participation rate | 52.9% | 75.9%-22.9pp | 73.3%-20.3pp | 82.5%-29.5pp |
| Annual return | 17.69% | 95.19%-77.5pp | 78.11%-60.4pp | 345.39%-327.7pp |
| Employer contribution / active EE | $121 | $3,138-96.1% | $2,854-95.7% | $4,763-97.5% |
| Participant deferral / active EE | $1,214 | $4,281-71.6% | $3,884-68.8% | $5,851-79.3% |
| Admin fee / account holder | $0 | $6,173-100.0% | $5,353-100.0% | $11,598-100.0% |