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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 | $37,530 | $176,120-78.7% | $159,487-76.5% | $167,553-77.6% |
| Participation rate | 44.4% | 85.0%-40.5pp | 82.8%-38.4pp | 82.1%-37.7pp |
| Annual return | 17.68% | 331.95%-314.3pp | 263.71%-246.0pp | 478.89%-461.2pp |
| Employer contribution / active EE | $281 | $5,299-94.7% | $4,831-94.2% | $4,840-94.2% |
| Participant deferral / active EE | $3,563 | $7,752-54.0% | $7,354-51.6% | $6,343-43.8% |
| Admin fee / account holder | $0 | $12,561-100.0% | $10,804-100.0% | $12,316-100.0% |