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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 | $143,239 | $52,306+173.8% | $69,779+105.3% | $62,881+127.8% |
| Participation rate | 12.1% | 67.2%-55.1pp | 71.8%-59.7pp | 69.3%-57.2pp |
| Annual return | 4.83% | 13.35%-8.5pp | 12.99%-8.2pp | 20.14%-15.3pp |
| Employer contribution / active EE | $301 | $1,799-83.2% | $2,338-87.1% | $2,281-86.8% |
| Participant deferral / active EE | $722 | $2,395-69.9% | $2,931-75.4% | $3,203-77.5% |
| Admin fee / account holder | $146 | $3,691-96.1% | $4,381-96.7% | $4,296-96.6% |