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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 | $49,649 | $53,546-7.3% | $69,884-29.0% | $68,486-27.5% |
| Participation rate | 14.3% | 64.5%-50.2pp | 70.5%-56.2pp | 67.9%-53.6pp |
| Annual return | -14.91% | -13.87%-1.0pp | 190.81%-205.7pp | -7.85%-7.1pp |
| Employer contribution / active EE | $335 | $2,019-83.4% | $2,560-86.9% | $2,597-87.1% |
| Participant deferral / active EE | $1,044 | $2,957-64.7% | $3,848-72.9% | $4,028-74.1% |
| Admin fee / account holder | $0 | $4,693-100.0% | $6,266-100.0% | $5,404-100.0% |