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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 | $16,068 | $107,368-85.0% | $92,915-82.7% | $152,909-89.5% |
| Participation rate | 58.3% | 79.8%-21.5pp | 76.0%-17.7pp | 82.5%-24.1pp |
| Annual return | 359.37% | 145.64%+213.7pp | 109.45%+249.9pp | 345.46%+13.9pp |
| Employer contribution / active EE | $0 | $4,222-100.0% | $3,653-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $4,898 | $4,848+1.0% | $4,238+15.6% | $5,851-16.3% |
| Admin fee / account holder | $113 | $7,082-98.4% | $5,796-98.1% | $11,601-99.0% |