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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 | $67,327 | $73,009-7.8% | $90,760-25.8% | $68,486-1.7% |
| Participation rate | 62.5% | 70.8%-8.3pp | 75.7%-13.2pp | 67.9%-5.4pp |
| Annual return | -17.64% | -13.81%-3.8pp | -12.16%-5.5pp | -7.85%-9.8pp |
| Employer contribution / active EE | $176 | $2,193-92.0% | $2,922-94.0% | $2,597-93.2% |
| Participant deferral / active EE | $3,452 | $3,626-4.8% | $4,565-24.4% | $4,028-14.3% |
| Admin fee / account holder | $264 | $5,896-95.5% | $8,444-96.9% | $5,404-95.1% |