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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 | $11,196 | $72,071-84.5% | $68,368-83.6% | $137,256-91.8% |
| Participation rate | 61.5% | 76.2%-14.7pp | 73.8%-12.2pp | 80.0%-18.4pp |
| Annual return | 18.73% | 353.14%-334.4pp | 292.57%-273.8pp | 220.34%-201.6pp |
| Employer contribution / active EE | $281 | $2,788-89.9% | $2,649-89.4% | $4,156-93.2% |
| Participant deferral / active EE | $1,601 | $4,410-63.7% | $4,123-61.2% | $6,407-75.0% |
| Admin fee / account holder | $279 | $5,336-94.8% | $5,150-94.6% | $12,270-97.7% |