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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 | $73,486 | $95,915-23.4% | $79,580-7.7% | $134,532-45.4% |
| Participation rate | 37.5% | 75.0%-37.5pp | 69.5%-32.0pp | 81.2%-43.7pp |
| Annual return | -19.71% | -2.71%-17.0pp | 0.15%-19.9pp | 418.27%-438.0pp |
| Employer contribution / active EE | $442 | $3,129-85.9% | $2,413-81.7% | $4,741-90.7% |
| Participant deferral / active EE | $2,041 | $4,693-56.5% | $3,985-48.8% | $6,401-68.1% |
| Admin fee / account holder | $20 | $9,132-99.8% | $6,835-99.7% | $11,429-99.8% |