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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 | $13,221 | $49,896-73.5% | $80,627-83.6% | $75,173-82.4% |
| Participation rate | 68.0% | 55.3%+12.7pp | 67.0%+1.0pp | 67.2%+0.8pp |
| Annual return | 1547.14% | 34.67%+1512.5pp | 936.76%+610.4pp | 160.72%+1386.4pp |
| Employer contribution / active EE | $0 | $1,699-100.0% | $2,723-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $2,669 | $2,992-10.8% | $4,443-39.9% | $4,126-35.3% |
| Admin fee / account holder | $9 | $3,578-99.7% | $5,381-99.8% | $5,651-99.8% |