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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 | $21,597 | $54,162-60.1% | $68,612-68.5% | $64,173-66.3% |
| Participation rate | 35.6% | 68.1%-32.5pp | 72.2%-36.7pp | 69.6%-34.0pp |
| Annual return | -6.30% | -1.62%-4.7pp | -4.63%-1.7pp | 7.63%-13.9pp |
| Employer contribution / active EE | $120 | $1,846-93.5% | $2,625-95.4% | $2,381-94.9% |
| Participant deferral / active EE | $1,115 | $2,626-57.6% | $3,311-66.3% | $3,470-67.9% |
| Admin fee / account holder | $22 | $4,029-99.5% | $5,131-99.6% | $4,887-99.5% |