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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 | $22,248 | $40,275-44.8% | $57,356-61.2% | $59,633-62.7% |
| Participation rate | 50.7% | 69.1%-18.4pp | 75.1%-24.4pp | 68.7%-17.9pp |
| Annual return | -0.85% | 27.52%-28.4pp | 24.41%-25.3pp | 2041.45%-2042.3pp |
| Employer contribution / active EE | $46 | $1,921-97.6% | $2,689-98.3% | $2,203-97.9% |
| Participant deferral / active EE | $2,450 | $2,400+2.1% | $3,162-22.5% | $3,192-23.2% |
| Admin fee / account holder | $210 | $2,820-92.5% | $3,357-93.7% | $4,297-95.1% |