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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 | $52,945 | $64,729-18.2% | $112,263-52.8% | $68,490-22.7% |
| Participation rate | 14.7% | 67.2%-52.4pp | 75.1%-60.4pp | 67.9%-53.2pp |
| Annual return | -18.15% | -11.40%-6.8pp | 27.49%-45.6pp | -7.85%-10.3pp |
| Employer contribution / active EE | $615 | $2,746-77.6% | $3,636-83.1% | $2,597-76.3% |
| Participant deferral / active EE | $1,873 | $3,566-47.5% | $4,729-60.4% | $4,028-53.5% |
| Admin fee / account holder | $263 | $5,222-95.0% | $6,410-95.9% | $5,403-95.1% |