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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 | $100,203-39.6% | $85,240-29.0% | $145,897-58.5% |
| Participation rate | 8.7% | 74.1%-65.4pp | 67.5%-58.8pp | 80.3%-71.6pp |
| Annual return | 12.74% | 84.28%-71.5pp | 66.75%-54.0pp | 552.29%-539.5pp |
| Employer contribution / active EE | $73 | $3,242-97.7% | $2,735-97.3% | $4,663-98.4% |
| Participant deferral / active EE | $1,202 | $5,299-77.3% | $4,527-73.4% | $6,689-82.0% |
| Admin fee / account holder | $254 | $7,265-96.5% | $6,165-95.9% | $13,390-98.1% |