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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 | $63,195 | $95,915-34.1% | $79,580-20.6% | $134,532-53.0% |
| Participation rate | 41.7% | 75.0%-33.4pp | 69.5%-27.8pp | 81.2%-39.6pp |
| Annual return | -16.00% | -2.71%-13.3pp | 0.15%-16.2pp | 418.27%-434.3pp |
| Employer contribution / active EE | $333 | $3,129-89.4% | $2,413-86.2% | $4,741-93.0% |
| Participant deferral / active EE | $3,287 | $4,693-30.0% | $3,985-17.5% | $6,401-48.6% |
| Admin fee / account holder | $0 | $9,132-100.0% | $6,835-100.0% | $11,429-100.0% |