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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 | $13,870 | $88,778-84.4% | $81,844-83.1% | $145,884-90.5% |
| Participation rate | 61.5% | 75.1%-13.5pp | 72.4%-10.8pp | 80.3%-18.8pp |
| Annual return | 20.01% | 1033.03%-1013.0pp | 778.87%-758.9pp | 551.85%-531.8pp |
| Employer contribution / active EE | $325 | $3,087-89.5% | $2,916-88.9% | $4,662-93.0% |
| Participant deferral / active EE | $880 | $4,648-81.1% | $4,323-79.7% | $6,690-86.9% |
| Admin fee / account holder | $233 | $8,430-97.2% | $7,355-96.8% | $13,392-98.3% |