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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 | $70,946 | $45,872+54.7% | $77,100-8.0% | $68,490+3.6% |
| Participation rate | 40.0% | 55.9%-15.9pp | 67.9%-27.9pp | 67.9%-27.9pp |
| Annual return | -19.65% | 1.73%-21.4pp | 42.35%-62.0pp | -7.85%-11.8pp |
| Employer contribution / active EE | $0 | $1,650-100.0% | $2,815-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $3,213 | $2,963+8.4% | $4,430-27.5% | $4,028-20.2% |
| Admin fee / account holder | $186 | $3,041-93.9% | $5,443-96.6% | $5,403-96.6% |