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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 | $34,401 | $45,872-25.0% | $77,081-55.4% | $68,495-49.8% |
| Participation rate | 20.0% | 55.9%-35.9pp | 67.9%-47.9pp | 67.9%-47.9pp |
| Annual return | -5.08% | 1.73%-6.8pp | 42.33%-47.4pp | -7.84%+2.8pp |
| Employer contribution / active EE | $155 | $1,650-90.6% | $2,813-94.5% | $2,596-94.0% |
| Participant deferral / active EE | $3,850 | $2,963+30.0% | $4,428-13.0% | $4,028-4.4% |
| Admin fee / account holder | $0 | $3,041-100.0% | $5,427-100.0% | $5,403-100.0% |