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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 | $10,578 | $73,863-85.7% | $143,797-92.6% | $68,490-84.6% |
| Participation rate | 49.1% | 66.7%-17.6pp | 80.3%-31.3pp | 67.9%-18.8pp |
| Annual return | -18.82% | 0.91%-19.7pp | -0.04%-18.8pp | -7.85%-11.0pp |
| Employer contribution / active EE | $0 | $3,185-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,426 | $3,385-57.9% | $5,638-74.7% | $4,028-64.6% |
| Admin fee / account holder | $151 | $5,756-97.4% | $14,679-99.0% | $5,403-97.2% |