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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 | $50,995 | $42,383+20.3% | $76,518-33.4% | $64,173-20.5% |
| Participation rate | 54.9% | 58.1%-3.2pp | 68.0%-13.1pp | 69.6%-14.6pp |
| Annual return | -4.60% | -16.54%+11.9pp | -0.27%-4.3pp | 7.63%-12.2pp |
| Employer contribution / active EE | $0 | $1,563-100.0% | $2,647-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $891 | $2,566-65.3% | $3,836-76.8% | $3,470-74.3% |
| Admin fee / account holder | $0 | $3,198-100.0% | $4,849-100.0% | $4,887-100.0% |