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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 | $40,552 | $75,962-46.6% | $154,108-73.7% | $64,173-36.8% |
| Participation rate | 51.0% | 70.4%-19.4pp | 83.0%-32.0pp | 69.6%-18.5pp |
| Annual return | -3.61% | 30.32%-33.9pp | 735.21%-738.8pp | 7.63%-11.2pp |
| Employer contribution / active EE | $0 | $3,350-100.0% | $5,298-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,406 | $3,175-55.7% | $5,081-72.3% | $3,470-59.5% |
| Admin fee / account holder | $273 | $5,589-95.1% | $13,411-98.0% | $4,887-94.4% |