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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 | $37,603 | $167,353-77.5% | $143,797-73.8% | $134,545-72.1% |
| Participation rate | 33.3% | 84.8%-51.5pp | 80.3%-47.0pp | 81.2%-47.9pp |
| Annual return | -4.48% | 0.48%-5.0pp | -0.04%-4.4pp | 418.37%-422.9pp |
| Employer contribution / active EE | $1,001 | $5,620-82.2% | $4,952-79.8% | $4,742-78.9% |
| Participant deferral / active EE | $3,095 | $6,447-52.0% | $5,638-45.1% | $6,401-51.7% |
| Admin fee / account holder | $66 | $18,096-99.6% | $14,679-99.5% | $11,431-99.4% |