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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 | $23,394 | $88,815-73.7% | $81,882-71.4% | $145,897-84.0% |
| Participation rate | 50.0% | 75.1%-25.1pp | 72.4%-22.4pp | 80.3%-30.3pp |
| Annual return | 15.46% | 1033.75%-1018.3pp | 779.47%-764.0pp | 552.29%-536.8pp |
| Employer contribution / active EE | $0 | $3,086-100.0% | $2,916-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $5,325 | $4,647+14.6% | $4,323+23.2% | $6,689-20.4% |
| Admin fee / account holder | $204 | $8,434-97.6% | $7,360-97.2% | $13,390-98.5% |