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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 | $51,947 | $127,100-59.1% | $105,738-50.9% | $135,379-61.6% |
| Participation rate | 60.0% | 82.7%-22.7pp | 76.3%-16.3pp | 82.6%-22.6pp |
| Annual return | -5.11% | 4.49%-9.6pp | 6.27%-11.4pp | 519.79%-524.9pp |
| Employer contribution / active EE | $374 | $4,107-90.9% | $3,268-88.6% | $4,779-92.2% |
| Participant deferral / active EE | $3,700 | $5,064-26.9% | $4,080-9.3% | $5,609-34.0% |
| Admin fee / account holder | $0 | $9,087-100.0% | $6,913-100.0% | $10,828-100.0% |