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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 | $80,530 | $42,383+90.0% | $76,523+5.2% | $64,181+25.5% |
| Participation rate | 14.8% | 58.1%-43.3pp | 68.0%-53.2pp | 69.6%-54.8pp |
| Annual return | -3.59% | -16.54%+12.9pp | -0.27%-3.3pp | 7.63%-11.2pp |
| Employer contribution / active EE | $136 | $1,563-91.3% | $2,647-94.9% | $2,381-94.3% |
| Participant deferral / active EE | $1,638 | $2,566-36.2% | $3,835-57.3% | $3,470-52.8% |
| Admin fee / account holder | $0 | $3,198-100.0% | $4,848-100.0% | $4,887-100.0% |