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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 | $16,299 | $106,247-84.7% | $96,515-83.1% | $139,466-88.3% |
| Participation rate | 58.3% | 77.8%-19.5pp | 74.3%-16.0pp | 80.3%-22.0pp |
| Annual return | 19.49% | 38.47%-19.0pp | 35.73%-16.2pp | 373.66%-354.2pp |
| Employer contribution / active EE | $633 | $4,106-84.6% | $3,740-83.1% | $4,754-86.7% |
| Participant deferral / active EE | $1,877 | $5,456-65.6% | $4,880-61.5% | $6,712-72.0% |
| Admin fee / account holder | $44 | $7,885-99.4% | $6,735-99.4% | $11,409-99.6% |