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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 | $83,494 | $106,923-21.9% | $84,023-0.6% | $152,909-45.4% |
| Participation rate | 33.3% | 75.3%-41.9pp | 69.0%-35.7pp | 82.5%-49.1pp |
| Annual return | 22.96% | 105.02%-82.1pp | 71.32%-48.4pp | 345.46%-322.5pp |
| Employer contribution / active EE | $291 | $2,735-89.4% | $1,984-85.3% | $4,764-93.9% |
| Participant deferral / active EE | $1,693 | $4,013-57.8% | $3,239-47.7% | $5,851-71.1% |
| Admin fee / account holder | $79 | $8,289-99.0% | $6,102-98.7% | $11,601-99.3% |