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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 | $20,349 | $106,267-80.9% | $96,520-78.9% | $139,456-85.4% |
| Participation rate | 66.7% | 77.8%-11.2pp | 74.3%-7.7pp | 80.3%-13.7pp |
| Annual return | 23.98% | 38.45%-14.5pp | 35.72%-11.7pp | 373.45%-349.5pp |
| Employer contribution / active EE | $515 | $4,105-87.4% | $3,739-86.2% | $4,753-89.2% |
| Participant deferral / active EE | $1,391 | $5,454-74.5% | $4,879-71.5% | $6,711-79.3% |
| Admin fee / account holder | $188 | $7,882-97.6% | $6,733-97.2% | $11,407-98.4% |