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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 | $60,102 | $103,393-41.9% | $87,103-31.0% | $152,909-60.7% |
| Participation rate | 28.6% | 79.4%-50.8pp | 76.9%-48.3pp | 82.5%-53.9pp |
| Annual return | 24.13% | 28.10%-4.0pp | 28.19%-4.1pp | 345.46%-321.3pp |
| Employer contribution / active EE | $584 | $3,221-81.9% | $2,521-76.9% | $4,764-87.7% |
| Participant deferral / active EE | $1,630 | $4,778-65.9% | $4,049-59.7% | $5,851-72.1% |
| Admin fee / account holder | $0 | $12,195-100.0% | $7,491-100.0% | $11,601-100.0% |