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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 | $62,806 | $48,364+29.9% | $71,796-12.5% | $62,881-0.1% |
| Participation rate | 11.1% | 60.6%-49.5pp | 69.1%-58.0pp | 69.3%-58.2pp |
| Annual return | 7.29% | 13.16%-5.9pp | 78.04%-70.7pp | 20.14%-12.9pp |
| Employer contribution / active EE | $375 | $1,042-64.0% | $1,924-80.5% | $2,281-83.6% |
| Participant deferral / active EE | $754 | $2,091-64.0% | $2,794-73.0% | $3,203-76.5% |
| Admin fee / account holder | $0 | $3,771-100.0% | $4,815-100.0% | $4,296-100.0% |