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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 | $4,672 | $149,040-96.9% | $120,225-96.1% | $137,256-96.6% |
| Participation rate | 61.9% | 75.4%-13.5pp | 69.6%-7.7pp | 80.0%-18.1pp |
| Annual return | 21.13% | 605.68%-584.6pp | 439.23%-418.1pp | 220.34%-199.2pp |
| Employer contribution / active EE | $0 | $4,350-100.0% | $3,475-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $1,333 | $4,655-71.4% | $3,999-66.7% | $6,407-79.2% |
| Admin fee / account holder | $43 | $6,348-99.3% | $5,696-99.2% | $12,270-99.7% |