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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 | $69,639 | $95,193-26.8% | $76,523-9.0% | $135,382-48.6% |
| Participation rate | 46.2% | 74.4%-28.2pp | 68.0%-21.8pp | 82.6%-36.5pp |
| Annual return | -7.52% | 4.85%-12.4pp | -0.27%-7.2pp | 519.77%-527.3pp |
| Employer contribution / active EE | $0 | $3,302-100.0% | $2,647-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,180 | $4,639-74.6% | $3,835-69.2% | $5,609-79.0% |
| Admin fee / account holder | $227 | $6,249-96.4% | $4,848-95.3% | $10,829-97.9% |