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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 | $14,317 | $103,008-86.1% | $90,304-84.1% | $152,897-90.6% |
| Participation rate | 16.7% | 75.9%-59.2pp | 73.3%-56.6pp | 82.5%-65.8pp |
| Annual return | 27.99% | 95.22%-67.2pp | 78.13%-50.1pp | 345.43%-317.4pp |
| Employer contribution / active EE | $154 | $3,139-95.1% | $2,855-94.6% | $4,764-96.8% |
| Participant deferral / active EE | $1,457 | $4,281-66.0% | $3,885-62.5% | $5,851-75.1% |
| Admin fee / account holder | $78 | $6,175-98.7% | $5,354-98.5% | $11,599-99.3% |