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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 | $47,871 | $127,387-62.4% | $115,038-58.4% | $125,389-61.8% |
| Participation rate | 47.4% | 84.2%-36.8pp | 81.4%-34.0pp | 83.2%-35.8pp |
| Annual return | -1.09% | 31.28%-32.4pp | 26.14%-27.2pp | 282.24%-283.3pp |
| Employer contribution / active EE | $648 | $5,166-87.5% | $4,608-85.9% | $4,866-86.7% |
| Participant deferral / active EE | $2,384 | $6,423-62.9% | $6,026-60.4% | $5,352-55.5% |
| Admin fee / account holder | $0 | $9,516-100.0% | $8,175-100.0% | $9,541-100.0% |