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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 | $36,502 | $99,032-63.1% | $80,022-54.4% | $135,379-73.0% |
| Participation rate | 50.0% | 78.4%-28.4pp | 75.8%-25.8pp | 82.6%-32.6pp |
| Annual return | -3.77% | 15.39%-19.2pp | 11.22%-15.0pp | 519.79%-523.6pp |
| Employer contribution / active EE | $120 | $3,043-96.1% | $2,468-95.1% | $4,779-97.5% |
| Participant deferral / active EE | $2,761 | $4,282-35.5% | $3,686-25.1% | $5,609-50.8% |
| Admin fee / account holder | $0 | $10,436-100.0% | $6,521-100.0% | $10,828-100.0% |