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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 | $51,586 | $71,873-28.2% | $86,698-40.5% | $68,490-24.7% |
| Participation rate | 57.1% | 72.2%-15.1pp | 76.6%-19.4pp | 67.9%-10.8pp |
| Annual return | -14.75% | 3.54%-18.3pp | 35.96%-50.7pp | -7.85%-6.9pp |
| Employer contribution / active EE | $239 | $2,173-89.0% | $2,837-91.6% | $2,597-90.8% |
| Participant deferral / active EE | $1,980 | $3,779-47.6% | $4,656-57.5% | $4,028-50.8% |
| Admin fee / account holder | $161 | $6,110-97.4% | $7,492-97.8% | $5,403-97.0% |