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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 | $44,134 | $65,703-32.8% | $94,228-53.2% | $59,633-26.0% |
| Participation rate | 51.9% | 72.1%-20.3pp | 78.8%-26.9pp | 68.7%-16.8pp |
| Annual return | -2.26% | 5.22%-7.5pp | 10.68%-12.9pp | 2041.40%-2043.7pp |
| Employer contribution / active EE | $0 | $2,021-100.0% | $3,587-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $4,601 | $3,143+46.4% | $4,320+6.5% | $3,192+44.2% |
| Admin fee / account holder | $39 | $4,264-99.1% | $6,269-99.4% | $4,297-99.1% |