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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 | $91,232 | $85,790+6.3% | $67,313+35.5% | $135,379-32.6% |
| Participation rate | 33.3% | 76.5%-43.1pp | 69.1%-35.7pp | 82.6%-49.3pp |
| Annual return | -8.03% | -0.54%-7.5pp | -4.08%-3.9pp | 519.79%-527.8pp |
| Employer contribution / active EE | $0 | $3,487-100.0% | $2,566-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,197 | $4,651-74.3% | $3,568-66.5% | $5,609-78.7% |
| Admin fee / account holder | $56 | $6,392-99.1% | $4,507-98.8% | $10,828-99.5% |