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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 | $15,804 | $72,071-78.1% | $68,368-76.9% | $137,256-88.5% |
| Participation rate | 14.3% | 76.2%-62.0pp | 73.8%-59.5pp | 80.0%-65.7pp |
| Annual return | 17.46% | 353.14%-335.7pp | 292.57%-275.1pp | 220.34%-202.9pp |
| Employer contribution / active EE | $306 | $2,788-89.0% | $2,649-88.4% | $4,156-92.6% |
| Participant deferral / active EE | $1,923 | $4,410-56.4% | $4,123-53.4% | $6,407-70.0% |
| Admin fee / account holder | $166 | $5,336-96.9% | $5,150-96.8% | $12,270-98.6% |