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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 | $57,778 | $57,352+0.7% | $83,831-31.1% | $64,173-10.0% |
| Participation rate | 42.3% | 68.6%-26.3pp | 76.1%-33.8pp | 69.6%-27.3pp |
| Annual return | -5.55% | 11.38%-16.9pp | 850.99%-856.5pp | 7.63%-13.2pp |
| Employer contribution / active EE | $304 | $2,546-88.1% | $3,631-91.6% | $2,381-87.2% |
| Participant deferral / active EE | $2,448 | $2,993-18.2% | $4,082-40.0% | $3,470-29.5% |
| Admin fee / account holder | $19 | $4,046-99.5% | $5,479-99.6% | $4,887-99.6% |