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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 | $60,033 | $82,674-27.4% | $125,381-52.1% | $68,486-12.3% |
| Participation rate | 54.4% | 75.1%-20.7pp | 82.4%-28.0pp | 67.9%-13.5pp |
| Annual return | -15.54% | -5.97%-9.6pp | 572.31%-587.9pp | -7.85%-7.7pp |
| Employer contribution / active EE | $0 | $3,382-100.0% | $4,815-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $4,460 | $6,111-27.0% | $7,448-40.1% | $4,028+10.7% |
| Admin fee / account holder | $95 | $6,277-98.5% | $10,007-99.1% | $5,404-98.2% |