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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 | $19,268 | $42,914-55.1% | $60,888-68.4% | $68,498-71.9% |
| Participation rate | 31.7% | 66.8%-35.1pp | 73.1%-41.4pp | 67.9%-36.2pp |
| Annual return | -18.45% | -13.99%-4.5pp | 16.91%-35.4pp | -7.84%-10.6pp |
| Employer contribution / active EE | $0 | $1,979-100.0% | $2,702-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $895 | $2,868-68.8% | $3,817-76.6% | $4,027-77.8% |
| Admin fee / account holder | $214 | $3,102-93.1% | $3,225-93.4% | $5,403-96.0% |