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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 | $16,880 | $65,092-74.1% | $143,799-88.3% | $66,938-74.8% |
| Participation rate | 31.1% | 65.2%-34.1pp | 80.3%-49.2pp | 69.8%-38.7pp |
| Annual return | -3.57% | -11.14%+7.6pp | -0.04%-3.5pp | 1.58%-5.1pp |
| Employer contribution / active EE | $400 | $2,362-83.1% | $4,952-91.9% | $2,545-84.3% |
| Participant deferral / active EE | $1,030 | $2,920-64.7% | $5,638-81.7% | $4,238-75.7% |
| Admin fee / account holder | $142 | $502-71.7% | $14,677-99.0% | $594-76.1% |