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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 | $45,038 | $42,383+6.3% | $76,518-41.1% | $64,173-29.8% |
| Participation rate | 57.6% | 58.1%-0.6pp | 68.0%-10.4pp | 69.6%-12.0pp |
| Annual return | -8.21% | -16.54%+8.3pp | -0.27%-7.9pp | 7.63%-15.8pp |
| Employer contribution / active EE | $0 | $1,563-100.0% | $2,647-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,271 | $2,566-11.5% | $3,836-40.8% | $3,470-34.6% |
| Admin fee / account holder | $115 | $3,198-96.4% | $4,849-97.6% | $4,887-97.6% |