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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 | $76,622 | $167,352-54.2% | $143,788-46.7% | $134,509-43.0% |
| Participation rate | 10.5% | 84.8%-74.3pp | 80.3%-69.8pp | 81.2%-70.7pp |
| Annual return | -17.59% | 0.47%-18.1pp | -0.03%-17.6pp | 418.13%-435.7pp |
| Employer contribution / active EE | $639 | $5,620-88.6% | $4,952-87.1% | $4,741-86.5% |
| Participant deferral / active EE | $2,158 | $6,447-66.5% | $5,638-61.7% | $6,400-66.3% |
| Admin fee / account holder | $20 | $18,091-99.9% | $14,675-99.9% | $11,427-99.8% |