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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 | $55,005 | $85,790-35.9% | $67,313-18.3% | $135,382-59.4% |
| Participation rate | 55.6% | 76.5%-20.9pp | 69.1%-13.5pp | 82.6%-27.1pp |
| Annual return | -7.93% | -0.54%-7.4pp | -4.08%-3.9pp | 519.77%-527.7pp |
| Employer contribution / active EE | $145 | $3,487-95.8% | $2,566-94.3% | $4,779-97.0% |
| Participant deferral / active EE | $2,819 | $4,651-39.4% | $3,568-21.0% | $5,609-49.7% |
| Admin fee / account holder | $158 | $6,392-97.5% | $4,507-96.5% | $10,829-98.5% |