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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 | $44,706 | $84,518-47.1% | $67,704-34.0% | $125,388-64.3% |
| Participation rate | 57.1% | 74.8%-17.6pp | 67.5%-10.4pp | 83.2%-26.0pp |
| Annual return | -0.27% | 2.57%-2.8pp | 25.41%-25.7pp | 282.24%-282.5pp |
| Employer contribution / active EE | $0 | $3,292-100.0% | $2,559-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $987 | $4,430-77.7% | $3,585-72.5% | $5,352-81.6% |
| Admin fee / account holder | $153 | $5,340-97.1% | $4,255-96.4% | $9,541-98.4% |