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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 | $20,251 | $63,355-68.0% | $91,994-78.0% | $72,983-72.3% |
| Participation rate | 57.8% | 72.5%-14.7pp | 78.6%-20.9pp | 69.5%-11.7pp |
| Annual return | 108.37% | 35.35%+73.0pp | 69.03%+39.3pp | 81.01%+27.4pp |
| Employer contribution / active EE | $0 | $2,116-100.0% | $3,452-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $6,203 | $4,883+27.0% | $5,923+4.7% | $3,608+71.9% |
| Admin fee / account holder | $237 | $4,668-94.9% | $7,743-96.9% | $5,124-95.4% |