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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 | $8,860 | $97,125-90.9% | $86,233-89.7% | $137,256-93.5% |
| Participation rate | 29.4% | 74.2%-44.8pp | 69.0%-39.6pp | 80.0%-50.5pp |
| Annual return | 68.55% | 74.19%-5.6pp | 61.39%+7.2pp | 220.34%-151.8pp |
| Employer contribution / active EE | $40 | $2,841-98.6% | $2,504-98.4% | $4,156-99.0% |
| Participant deferral / active EE | $1,966 | $5,180-62.0% | $4,559-56.9% | $6,407-69.3% |
| Admin fee / account holder | $29 | $9,725-99.7% | $8,342-99.7% | $12,270-99.8% |