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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 | $30,090 | $29,319+2.6% | $52,425-42.6% | $82,448-63.5% |
| Participation rate | 27.6% | 46.9%-19.3pp | 55.6%-28.0pp | 68.1%-40.5pp |
| Annual return | 20.38% | 535.20%-514.8pp | 302.12%-281.7pp | 41.64%-21.3pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,916 | $1,171+63.5% | $1,790+7.0% | $4,139-53.7% |
| Admin fee / account holder | $78 | $1,962-96.0% | $2,495-96.9% | $7,234-98.9% |