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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 | $88,817 | $95,895-7.4% | $79,576+11.6% | $134,509-34.0% |
| Participation rate | 44.4% | 75.0%-30.6pp | 69.5%-25.0pp | 81.2%-36.8pp |
| Annual return | -17.59% | -2.72%-14.9pp | 0.15%-17.7pp | 418.13%-435.7pp |
| Employer contribution / active EE | $227 | $3,128-92.8% | $2,413-90.6% | $4,741-95.2% |
| Participant deferral / active EE | $2,766 | $4,693-41.1% | $3,985-30.6% | $6,400-56.8% |
| Admin fee / account holder | $221 | $9,129-97.6% | $6,834-96.8% | $11,427-98.1% |