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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 | $47,252 | $54,162-12.8% | $68,612-31.1% | $64,173-26.4% |
| Participation rate | 33.3% | 68.1%-34.7pp | 72.2%-38.9pp | 69.6%-36.2pp |
| Annual return | -2.48% | -1.62%-0.9pp | -4.63%+2.1pp | 7.63%-10.1pp |
| Employer contribution / active EE | $0 | $1,846-100.0% | $2,625-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,066 | $2,626-21.3% | $3,311-37.6% | $3,470-40.5% |
| Admin fee / account holder | $0 | $4,029-100.0% | $5,131-100.0% | $4,887-100.0% |