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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 | $106,247-80.8% | $96,515-78.9% | $139,466-85.4% |
| Participation rate | 66.7% | 77.8%-11.2pp | 74.3%-7.7pp | 80.3%-13.7pp |
| Annual return | 23.98% | 38.47%-14.5pp | 35.73%-11.7pp | 373.66%-349.7pp |
| Employer contribution / active EE | $515 | $4,106-87.4% | $3,740-86.2% | $4,754-89.2% |
| Participant deferral / active EE | $1,391 | $5,456-74.5% | $4,880-71.5% | $6,712-79.3% |
| Admin fee / account holder | $188 | $7,885-97.6% | $6,735-97.2% | $11,409-98.4% |