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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 | $24,485 | $43,344-43.5% | $59,899-59.1% | $64,173-61.8% |
| Participation rate | 47.2% | 69.2%-22.0pp | 74.7%-27.5pp | 69.6%-22.4pp |
| Annual return | -3.39% | -1.55%-1.8pp | 3.46%-6.9pp | 7.63%-11.0pp |
| Employer contribution / active EE | $159 | $2,030-92.2% | $2,723-94.1% | $2,381-93.3% |
| Participant deferral / active EE | $974 | $2,547-61.8% | $3,402-71.4% | $3,470-71.9% |
| Admin fee / account holder | $151 | $3,008-95.0% | $3,592-95.8% | $4,887-96.9% |