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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 | $28,325 | $53,546-47.1% | $69,890-59.5% | $68,490-58.6% |
| Participation rate | 55.1% | 64.5%-9.4pp | 70.5%-15.4pp | 67.9%-12.8pp |
| Annual return | -16.47% | -13.87%-2.6pp | 190.84%-207.3pp | -7.85%-8.6pp |
| Employer contribution / active EE | $24 | $2,019-98.8% | $2,560-99.1% | $2,597-99.1% |
| Participant deferral / active EE | $3,485 | $2,957+17.9% | $3,848-9.5% | $4,028-13.5% |
| Admin fee / account holder | $275 | $4,693-94.1% | $6,267-95.6% | $5,403-94.9% |