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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 | $92,613 | $92,219+0.4% | $76,766+20.6% | $135,382-31.6% |
| Participation rate | 61.1% | 79.8%-18.7pp | 77.0%-15.9pp | 82.6%-21.5pp |
| Annual return | -7.71% | 5.46%-13.2pp | 2.43%-10.1pp | 519.77%-527.5pp |
| Employer contribution / active EE | $484 | $3,216-85.0% | $2,485-80.5% | $4,779-89.9% |
| Participant deferral / active EE | $3,528 | $4,508-21.7% | $3,851-8.4% | $5,609-37.1% |
| Admin fee / account holder | $294 | $10,749-97.3% | $6,675-95.6% | $10,829-97.3% |