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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 | $23,986 | $335,055-92.8% | $150,298-84.0% | - |
| Participation rate | 23.2% | 50.7%-27.5pp | 77.8%-54.5pp | - |
| Annual return | 23.09% | 11.52%+11.6pp | 62.79%-39.7pp | - |
| Employer contribution / active EE | $552 | $931-40.6% | $4,154-86.7% | - |
| Participant deferral / active EE | $1,474 | $1,801-18.1% | $5,453-73.0% | - |
| Admin fee / account holder | $251 | $66,580-99.6% | $14,116-98.2% | - |