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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 | $60,833 | $106,001-42.6% | $92,235-34.0% | $147,585-58.8% |
| Participation rate | 36.4% | 80.4%-44.0pp | 76.5%-40.1pp | 82.8%-46.5pp |
| Annual return | 17.83% | 50.05%-32.2pp | 176.28%-158.4pp | 578.56%-560.7pp |
| Employer contribution / active EE | $0 | $4,333-100.0% | $3,679-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $1,663 | $4,478-62.9% | $3,897-57.3% | $5,439-69.4% |
| Admin fee / account holder | $219 | $6,332-96.5% | $5,194-95.8% | $10,885-98.0% |