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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 | $17,929 | $183,627-90.2% | $155,602-88.5% | $145,978-87.7% |
| Participation rate | 29.4% | 82.7%-53.3pp | 78.2%-48.8pp | 80.3%-50.9pp |
| Annual return | 24.62% | 61.32%-36.7pp | 64.81%-40.2pp | 550.52%-525.9pp |
| Employer contribution / active EE | $0 | $5,316-100.0% | $4,675-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $3,157 | $6,466-51.2% | $5,629-43.9% | $6,690-52.8% |
| Admin fee / account holder | $101 | $19,327-99.5% | $15,923-99.4% | $13,400-99.2% |