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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 | $107,891 | $42,383+154.6% | $76,518+41.0% | $64,173+68.1% |
| Participation rate | 8.5% | 58.1%-49.6pp | 68.0%-59.5pp | 69.6%-61.1pp |
| Annual return | -7.54% | -16.54%+9.0pp | -0.27%-7.3pp | 7.63%-15.2pp |
| Employer contribution / active EE | $98 | $1,563-93.7% | $2,647-96.3% | $2,381-95.9% |
| Participant deferral / active EE | $837 | $2,566-67.4% | $3,836-78.2% | $3,470-75.9% |
| Admin fee / account holder | $0 | $3,198-100.0% | $4,849-100.0% | $4,887-100.0% |