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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 | $27,952 | $167,522-83.3% | $151,639-81.6% | $134,532-79.2% |
| Participation rate | 50.0% | 88.4%-38.4pp | 87.5%-37.5pp | 81.2%-31.2pp |
| Annual return | -15.82% | 7.81%-23.6pp | 3.34%-19.2pp | 418.27%-434.1pp |
| Employer contribution / active EE | $0 | $6,828-100.0% | $6,165-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $9,898 | $8,986+10.1% | $8,363+18.3% | $6,401+54.6% |
| Admin fee / account holder | $35 | $13,780-99.7% | $11,613-99.7% | $11,429-99.7% |