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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 | $93,374 | $105,867-11.8% | $90,760+2.9% | $134,532-30.6% |
| Participation rate | 52.9% | 78.3%-25.3pp | 75.7%-22.8pp | 81.2%-28.3pp |
| Annual return | -17.05% | -10.99%-6.1pp | -12.16%-4.9pp | 418.27%-435.3pp |
| Employer contribution / active EE | $407 | $3,464-88.2% | $2,922-86.1% | $4,741-91.4% |
| Participant deferral / active EE | $2,706 | $5,217-48.1% | $4,565-40.7% | $6,401-57.7% |
| Admin fee / account holder | $0 | $13,936-100.0% | $8,444-100.0% | $11,429-100.0% |