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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 | $15,910 | $112,729-85.9% | $98,716-83.9% | $137,256-88.4% |
| Participation rate | 33.3% | 74.2%-40.9pp | 69.3%-36.0pp | 80.0%-46.6pp |
| Annual return | 24.89% | 38.48%-13.6pp | 31.81%-6.9pp | 220.34%-195.5pp |
| Employer contribution / active EE | $309 | $2,725-88.7% | $2,279-86.4% | $4,156-92.6% |
| Participant deferral / active EE | $1,716 | $4,640-63.0% | $4,048-57.6% | $6,407-73.2% |
| Admin fee / account holder | $35 | $10,129-99.7% | $8,703-99.6% | $12,270-99.7% |