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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 | $44,770 | $97,020-53.9% | $83,322-46.3% | $135,379-66.9% |
| Participation rate | 43.8% | 80.4%-36.7pp | 77.8%-34.0pp | 82.6%-38.9pp |
| Annual return | -5.62% | 12.31%-17.9pp | 10.64%-16.3pp | 519.79%-525.4pp |
| Employer contribution / active EE | $278 | $4,144-93.3% | $3,379-91.8% | $4,779-94.2% |
| Participant deferral / active EE | $1,782 | $5,964-70.1% | $5,565-68.0% | $5,609-68.2% |
| Admin fee / account holder | $124 | $8,426-98.5% | $7,540-98.4% | $10,828-98.9% |