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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 | $52,618 | $95,917-45.1% | $79,583-33.9% | $134,545-60.9% |
| Participation rate | 50.0% | 75.0%-25.0pp | 69.5%-19.5pp | 81.2%-31.2pp |
| Annual return | -18.46% | -2.70%-15.8pp | 0.16%-18.6pp | 418.37%-436.8pp |
| Employer contribution / active EE | $470 | $3,129-85.0% | $2,414-80.5% | $4,742-90.1% |
| Participant deferral / active EE | $3,400 | $4,694-27.6% | $3,986-14.7% | $6,401-46.9% |
| Admin fee / account holder | $241 | $9,132-97.4% | $6,835-96.5% | $11,431-97.9% |