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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 | $101,810 | $113,941-10.6% | $94,228+8.0% | $125,388-18.8% |
| Participation rate | 60.9% | 82.9%-22.0pp | 78.8%-17.9pp | 83.2%-22.3pp |
| Annual return | -1.38% | 5.29%-6.7pp | 10.68%-12.1pp | 282.24%-283.6pp |
| Employer contribution / active EE | $602 | $4,727-87.3% | $3,587-83.2% | $4,866-87.6% |
| Participant deferral / active EE | $6,020 | $5,179+16.2% | $4,320+39.3% | $5,352+12.5% |
| Admin fee / account holder | $120 | $8,392-98.6% | $6,269-98.1% | $9,541-98.7% |