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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 | $60,943 | $77,638-21.5% | $156,551-61.1% | $62,881-3.1% |
| Participation rate | 6.3% | 71.2%-64.9pp | 84.0%-77.8pp | 69.3%-63.1pp |
| Annual return | 13.10% | 50.33%-37.2pp | 32.23%-19.1pp | 20.14%-7.0pp |
| Employer contribution / active EE | $156 | $3,444-95.5% | $5,501-97.2% | $2,281-93.1% |
| Participant deferral / active EE | $1,125 | $3,046-63.1% | $4,871-76.9% | $3,203-64.9% |
| Admin fee / account holder | $0 | $5,561-100.0% | $13,028-100.0% | $4,296-100.0% |