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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 | $41,654 | $149,040-72.1% | $120,225-65.4% | $137,256-69.7% |
| Participation rate | 14.3% | 75.4%-61.1pp | 69.6%-55.3pp | 80.0%-65.7pp |
| Annual return | 23.50% | 605.68%-582.2pp | 439.23%-415.7pp | 220.34%-196.8pp |
| Employer contribution / active EE | $0 | $4,350-100.0% | $3,475-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $1,769 | $4,655-62.0% | $3,999-55.8% | $6,407-72.4% |
| Admin fee / account holder | $216 | $6,348-96.6% | $5,696-96.2% | $12,270-98.2% |