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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 | $23,308 | $97,729-76.2% | $83,830-72.2% | $135,379-82.8% |
| Participation rate | 40.0% | 80.0%-40.0pp | 76.1%-36.1pp | 82.6%-42.6pp |
| Annual return | 6.35% | 1287.52%-1281.2pp | 850.97%-844.6pp | 519.79%-513.4pp |
| Employer contribution / active EE | $250 | $4,222-94.1% | $3,631-93.1% | $4,779-94.8% |
| Participant deferral / active EE | $1,535 | $4,683-67.2% | $4,082-62.4% | $5,609-72.6% |
| Admin fee / account holder | $110 | $6,674-98.3% | $5,479-98.0% | $10,828-99.0% |