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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 | $60,983 | $125,190-51.3% | $105,624-42.3% | $145,897-58.2% |
| Participation rate | 35.7% | 77.6%-41.9pp | 75.3%-39.6pp | 80.3%-44.6pp |
| Annual return | 10.29% | 225.22%-214.9pp | 116.20%-105.9pp | 552.29%-542.0pp |
| Employer contribution / active EE | $258 | $3,720-93.1% | $3,168-91.9% | $4,663-94.5% |
| Participant deferral / active EE | $2,422 | $5,716-57.6% | $5,013-51.7% | $6,689-63.8% |
| Admin fee / account holder | $68 | $17,138-99.6% | $10,961-99.4% | $13,390-99.5% |