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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 | $60,105 | $51,638+16.4% | $68,368-12.1% | $82,448-27.1% |
| Participation rate | 6.0% | 63.6%-57.6pp | 73.8%-67.8pp | 68.1%-62.1pp |
| Annual return | 20.13% | 37.53%-17.4pp | 292.57%-272.4pp | 41.64%-21.5pp |
| Employer contribution / active EE | $236 | $2,047-88.5% | $2,649-91.1% | $2,551-90.7% |
| Participant deferral / active EE | $843 | $2,914-71.1% | $4,123-79.6% | $4,139-79.6% |
| Admin fee / account holder | $265 | $4,643-94.3% | $5,150-94.8% | $7,234-96.3% |