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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 | $68,497 | $92,219-25.7% | $76,768-10.8% | $135,379-49.4% |
| Participation rate | 56.5% | 79.8%-23.2pp | 77.0%-20.4pp | 82.6%-26.1pp |
| Annual return | -7.95% | 5.46%-13.4pp | 2.43%-10.4pp | 519.79%-527.7pp |
| Employer contribution / active EE | $237 | $3,216-92.6% | $2,485-90.5% | $4,779-95.0% |
| Participant deferral / active EE | $2,373 | $4,508-47.4% | $3,852-38.4% | $5,609-57.7% |
| Admin fee / account holder | $265 | $10,749-97.5% | $6,675-96.0% | $10,828-97.6% |