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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 | $26,220 | $58,241-55.0% | $81,780-67.9% | $80,911-67.6% |
| Participation rate | 8.7% | 63.4%-54.7pp | 72.4%-63.7pp | 67.6%-59.0pp |
| Annual return | 33.02% | 41.73%-8.7pp | 776.27%-743.2pp | 35.63%-2.6pp |
| Employer contribution / active EE | $194 | $2,343-91.7% | $2,914-93.3% | $2,756-93.0% |
| Participant deferral / active EE | $1,058 | $3,283-67.8% | $4,321-75.5% | $4,297-75.4% |
| Admin fee / account holder | $32 | $4,973-99.4% | $7,384-99.6% | $6,935-99.5% |