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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 | $170,681 | $92,219+85.1% | $76,766+122.3% | $135,382+26.1% |
| Participation rate | 46.7% | 79.8%-33.1pp | 77.0%-30.3pp | 82.6%-36.0pp |
| Annual return | -2.78% | 5.46%-8.2pp | 2.43%-5.2pp | 519.77%-522.5pp |
| Employer contribution / active EE | $0 | $3,216-100.0% | $2,485-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $7,607 | $4,508+68.7% | $3,851+97.5% | $5,609+35.6% |
| Admin fee / account holder | $40 | $10,749-99.6% | $6,675-99.4% | $10,829-99.6% |