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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 | $66,002 | $59,813+10.3% | $79,580-17.1% | $68,486-3.6% |
| Participation rate | 29.0% | 61.1%-32.0pp | 69.5%-40.5pp | 67.9%-38.9pp |
| Annual return | -13.48% | -12.30%-1.2pp | 0.15%-13.6pp | -7.85%-5.6pp |
| Employer contribution / active EE | $234 | $1,505-84.4% | $2,413-90.3% | $2,597-91.0% |
| Participant deferral / active EE | $2,341 | $3,024-22.6% | $3,985-41.3% | $4,028-41.9% |
| Admin fee / account holder | -$697 | $4,835-114.4% | $6,835-110.2% | $5,404-112.9% |