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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 | $60,588 | $100,792-39.9% | $86,691-30.1% | $134,509-55.0% |
| Participation rate | 47.6% | 78.9%-31.3pp | 76.6%-29.0pp | 81.2%-33.6pp |
| Annual return | -15.53% | 29.08%-44.6pp | 35.94%-51.5pp | 418.13%-433.7pp |
| Employer contribution / active EE | $0 | $3,491-100.0% | $2,837-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $4,091 | $5,339-23.4% | $4,656-12.1% | $6,400-36.1% |
| Admin fee / account holder | $173 | $10,924-98.4% | $7,492-97.7% | $11,427-98.5% |