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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 | $11,444 | $96,643-88.2% | $86,617-86.8% | $139,456-91.8% |
| Participation rate | 35.0% | 74.4%-39.4pp | 71.7%-36.7pp | 80.3%-45.3pp |
| Annual return | 19.70% | 106.57%-86.9pp | 591.91%-572.2pp | 373.45%-353.7pp |
| Employer contribution / active EE | $289 | $3,264-91.2% | $3,023-90.4% | $4,753-93.9% |
| Participant deferral / active EE | $1,654 | $4,835-65.8% | $4,437-62.7% | $6,711-75.4% |
| Admin fee / account holder | $62 | $6,406-99.0% | $5,613-98.9% | $11,407-99.5% |