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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 | $58,786 | $167,353-64.9% | $143,797-59.1% | $134,545-56.3% |
| Participation rate | 66.7% | 84.8%-18.2pp | 80.3%-13.7pp | 81.2%-14.6pp |
| Annual return | -17.44% | 0.48%-17.9pp | -0.04%-17.4pp | 418.37%-435.8pp |
| Employer contribution / active EE | $419 | $5,620-92.5% | $4,952-91.5% | $4,742-91.2% |
| Participant deferral / active EE | $2,733 | $6,447-57.6% | $5,638-51.5% | $6,401-57.3% |
| Admin fee / account holder | $174 | $18,096-99.0% | $14,679-98.8% | $11,431-98.5% |