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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 | $36,284 | $95,895-62.2% | $79,576-54.4% | $134,509-73.0% |
| Participation rate | 60.0% | 75.0%-15.0pp | 69.5%-9.5pp | 81.2%-21.2pp |
| Annual return | -12.46% | -2.72%-9.7pp | 0.15%-12.6pp | 418.13%-430.6pp |
| Employer contribution / active EE | $500 | $3,128-84.0% | $2,413-79.3% | $4,741-89.4% |
| Participant deferral / active EE | $2,611 | $4,693-44.4% | $3,985-34.5% | $6,400-59.2% |
| Admin fee / account holder | $97 | $9,129-98.9% | $6,834-98.6% | $11,427-99.2% |