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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 | $48,980 | $53,596-8.6% | $90,657-46.0% | $64,173-23.7% |
| Participation rate | 43.6% | 64.5%-20.9pp | 74.0%-30.4pp | 69.6%-25.9pp |
| Annual return | -6.77% | 4.41%-11.2pp | 1.89%-8.7pp | 7.63%-14.4pp |
| Employer contribution / active EE | $202 | $1,503-86.5% | $2,532-92.0% | $2,381-91.5% |
| Participant deferral / active EE | $1,406 | $2,459-42.8% | $3,424-58.9% | $3,470-59.5% |
| Admin fee / account holder | $157 | $3,868-95.9% | $4,994-96.9% | $4,887-96.8% |