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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 | $60,520 | $100,073-39.5% | $85,126-28.9% | $145,877-58.5% |
| Participation rate | 8.7% | 74.1%-65.4pp | 67.5%-58.8pp | 80.3%-71.6pp |
| Annual return | 12.74% | 84.11%-71.4pp | 66.63%-53.9pp | 551.28%-538.5pp |
| Employer contribution / active EE | $73 | $3,236-97.7% | $2,731-97.3% | $4,663-98.4% |
| Participant deferral / active EE | $1,202 | $5,294-77.3% | $4,523-73.4% | $6,691-82.0% |
| Admin fee / account holder | $254 | $7,261-96.5% | $6,160-95.9% | $13,402-98.1% |