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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 | $56,567 | $93,117-39.3% | $77,096-26.6% | $134,532-58.0% |
| Participation rate | 40.0% | 74.5%-34.5pp | 67.9%-27.9pp | 81.2%-41.2pp |
| Annual return | -11.78% | 62.67%-74.5pp | 42.35%-54.1pp | 418.27%-430.1pp |
| Employer contribution / active EE | $0 | $3,420-100.0% | $2,814-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $7,378 | $5,241+40.8% | $4,429+66.6% | $6,401+15.3% |
| Admin fee / account holder | -$95 | $6,948-101.4% | $5,428-101.8% | $11,429-100.8% |