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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 | $117,478 | $175,600-33.1% | $129,110-9.0% | $134,509-12.7% |
| Participation rate | 44.4% | 81.6%-37.1pp | 77.3%-32.8pp | 81.2%-36.8pp |
| Annual return | -7.16% | -11.39%+4.2pp | -10.94%+3.8pp | 418.13%-425.3pp |
| Employer contribution / active EE | $559 | $6,355-91.2% | $5,052-88.9% | $4,741-88.2% |
| Participant deferral / active EE | $3,800 | $7,975-52.4% | $6,542-41.9% | $6,400-40.6% |
| Admin fee / account holder | $191 | $23,567-99.2% | $14,302-98.7% | $11,427-98.3% |