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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 | $72,081 | $113,941-36.7% | $94,228-23.5% | $125,388-42.5% |
| Participation rate | 33.3% | 82.9%-49.6pp | 78.8%-45.4pp | 83.2%-49.9pp |
| Annual return | -0.61% | 5.29%-5.9pp | 10.68%-11.3pp | 282.24%-282.8pp |
| Employer contribution / active EE | $295 | $4,727-93.8% | $3,587-91.8% | $4,866-93.9% |
| Participant deferral / active EE | $5,223 | $5,179+0.9% | $4,320+20.9% | $5,352-2.4% |
| Admin fee / account holder | $0 | $8,392-100.0% | $6,269-100.0% | $9,541-100.0% |