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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 | $63,199 | $133,981-52.8% | $112,249-43.7% | $134,532-53.0% |
| Participation rate | 42.9% | 78.6%-35.7pp | 75.1%-32.2pp | 81.2%-38.4pp |
| Annual return | -17.57% | 47.16%-64.7pp | 27.48%-45.1pp | 418.27%-435.8pp |
| Employer contribution / active EE | $754 | $4,040-81.3% | $3,636-79.3% | $4,741-84.1% |
| Participant deferral / active EE | $2,907 | $5,292-45.1% | $4,729-38.5% | $6,401-54.6% |
| Admin fee / account holder | $0 | $7,492-100.0% | $6,412-100.0% | $11,429-100.0% |