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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 | $50,518 | $167,353-69.8% | $143,797-64.9% | $134,545-62.5% |
| Participation rate | 53.3% | 84.8%-31.5pp | 80.3%-27.0pp | 81.2%-27.9pp |
| Annual return | -15.84% | 0.48%-16.3pp | -0.04%-15.8pp | 418.37%-434.2pp |
| Employer contribution / active EE | $1,122 | $5,620-80.0% | $4,952-77.3% | $4,742-76.3% |
| Participant deferral / active EE | $2,656 | $6,447-58.8% | $5,638-52.9% | $6,401-58.5% |
| Admin fee / account holder | $178 | $18,096-99.0% | $14,679-98.8% | $11,431-98.4% |