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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 | $70,366-77.5% | $66,674-76.3% | $138,895-88.6% |
| Participation rate | 14.3% | 76.2%-61.9pp | 73.7%-59.4pp | 79.9%-65.6pp |
| Annual return | 17.46% | 386.41%-368.9pp | 321.24%-303.8pp | 145.39%-127.9pp |
| Employer contribution / active EE | $306 | $2,765-88.9% | $2,620-88.3% | $4,194-92.7% |
| Participant deferral / active EE | $1,923 | $4,374-56.0% | $4,084-52.9% | $6,396-69.9% |
| Admin fee / account holder | $166 | $5,262-96.8% | $5,098-96.7% | $12,562-98.7% |