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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 | $61,678 | $59,813+3.1% | $79,580-22.5% | $68,486-9.9% |
| Participation rate | 11.1% | 61.1%-50.0pp | 69.5%-58.4pp | 67.9%-56.8pp |
| Annual return | -19.12% | -12.30%-6.8pp | 0.15%-19.3pp | -7.85%-11.3pp |
| Employer contribution / active EE | $297 | $1,505-80.2% | $2,413-87.7% | $2,597-88.6% |
| Participant deferral / active EE | $1,306 | $3,024-56.8% | $3,985-67.2% | $4,028-67.6% |
| Admin fee / account holder | $272 | $4,835-94.4% | $6,835-96.0% | $5,404-95.0% |