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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $165,392 | $107,666+53.6% | $102,184+61.9% | $154,746+6.9% |
| Participation rate | 40.0% | 83.7%-43.7pp | 82.6%-42.6pp | 80.7%-40.7pp |
| Annual return | 20.54% | 29.33%-8.8pp | 31.58%-11.0pp | 172.34%-151.8pp |
| Employer contribution / active EE | $0 | $3,846-100.0% | $3,594-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $1,157 | $8,719-86.7% | $8,309-86.1% | $6,730-82.8% |
| Admin fee / account holder | $170 | $12,943-98.7% | $11,609-98.5% | $14,365-98.8% |