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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 | $24,342 | $106,557-77.2% | $91,227-73.3% | $134,545-81.9% |
| Participation rate | 44.4% | 76.8%-32.4pp | 73.2%-28.7pp | 81.2%-36.8pp |
| Annual return | 2774.49% | 160.81%+2613.7pp | 114.14%+2660.4pp | 418.37%+2356.1pp |
| Employer contribution / active EE | $0 | $3,332-100.0% | $2,851-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $901 | $4,719-80.9% | $4,234-78.7% | $6,401-85.9% |
| Admin fee / account holder | $219 | $6,235-96.5% | $5,423-96.0% | $11,431-98.1% |