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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 | $27,020 | $49,897-45.8% | $80,648-66.5% | $75,177-64.1% |
| Participation rate | 8.6% | 55.3%-46.8pp | 67.0%-58.4pp | 67.2%-58.6pp |
| Annual return | 21.60% | 34.68%-13.1pp | 937.21%-915.6pp | 160.75%-139.2pp |
| Employer contribution / active EE | $85 | $1,699-95.0% | $2,724-96.9% | $2,671-96.8% |
| Participant deferral / active EE | $932 | $2,992-68.8% | $4,443-79.0% | $4,126-77.4% |
| Admin fee / account holder | $134 | $3,579-96.3% | $5,382-97.5% | $5,651-97.6% |