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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 | $27,978 | $99,079-71.8% | $78,002-64.1% | $273,972-89.8% |
| Participation rate | 25.0% | 78.6%-53.6pp | 75.5%-50.5pp | 83.0%-58.0pp |
| Annual return | 6.22% | 217.93%-211.7pp | 425.99%-419.8pp | 41.46%-35.2pp |
| Employer contribution / active EE | $276 | $3,308-91.7% | $2,470-88.8% | $4,869-94.3% |
| Participant deferral / active EE | $2,041 | $4,306-52.6% | $3,497-41.6% | $5,287-61.4% |
| Admin fee / account holder | $29 | $8,954-99.7% | $5,481-99.5% | $10,133-99.7% |