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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 | $36,721 | $106,918-65.7% | $84,021-56.3% | $152,897-76.0% |
| Participation rate | 58.8% | 75.2%-16.4pp | 69.0%-10.2pp | 82.5%-23.6pp |
| Annual return | 22.64% | 105.01%-82.4pp | 71.32%-48.7pp | 345.43%-322.8pp |
| Employer contribution / active EE | $0 | $2,735-100.0% | $1,984-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $1,649 | $4,012-58.9% | $3,239-49.1% | $5,851-71.8% |
| Admin fee / account holder | $30 | $8,288-99.6% | $6,102-99.5% | $11,599-99.7% |