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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 | $21,399 | $88,710-75.9% | $81,783-73.8% | $145,959-85.3% |
| Participation rate | 35.7% | 75.0%-39.3pp | 72.4%-36.6pp | 80.3%-44.6pp |
| Annual return | 10.71% | 1027.26%-1016.5pp | 775.05%-764.3pp | 561.95%-551.2pp |
| Employer contribution / active EE | $225 | $3,083-92.7% | $2,913-92.3% | $4,661-95.2% |
| Participant deferral / active EE | $2,504 | $4,645-46.1% | $4,320-42.0% | $6,689-62.6% |
| Admin fee / account holder | $15 | $8,407-99.8% | $7,380-99.8% | $13,398-99.9% |