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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 | $56,856 | $64,719-12.1% | $112,249-49.3% | $68,486-17.0% |
| Participation rate | 42.9% | 67.2%-24.3pp | 75.1%-32.2pp | 67.9%-25.0pp |
| Annual return | -11.00% | -11.40%+0.4pp | 27.48%-38.5pp | -7.85%-3.1pp |
| Employer contribution / active EE | $0 | $2,747-100.0% | $3,636-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,845 | $3,565-48.3% | $4,729-61.0% | $4,028-54.2% |
| Admin fee / account holder | $285 | $5,232-94.5% | $6,412-95.6% | $5,404-94.7% |