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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 | $19,321 | $211,239-90.9% | $178,528-89.2% | $145,877-86.8% |
| Participation rate | 50.0% | 80.8%-30.8pp | 77.1%-27.1pp | 80.3%-30.3pp |
| Annual return | 9.08% | 30.22%-21.1pp | 27.11%-18.0pp | 551.28%-542.2pp |
| Employer contribution / active EE | $303 | $4,570-93.4% | $3,950-92.3% | $4,663-93.5% |
| Participant deferral / active EE | $3,381 | $6,963-51.4% | $6,278-46.2% | $6,691-49.5% |
| Admin fee / account holder | $286 | $12,095-97.6% | $10,419-97.3% | $13,402-97.9% |