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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 | $156,735 | $54,162+189.4% | $68,612+128.4% | $64,173+144.2% |
| Participation rate | 13.2% | 68.1%-54.9pp | 72.2%-59.1pp | 69.6%-56.4pp |
| Annual return | -5.84% | -1.62%-4.2pp | -4.63%-1.2pp | 7.63%-13.5pp |
| Employer contribution / active EE | $410 | $1,846-77.8% | $2,625-84.4% | $2,381-82.8% |
| Participant deferral / active EE | $899 | $2,626-65.8% | $3,311-72.9% | $3,470-74.1% |
| Admin fee / account holder | $136 | $4,029-96.6% | $5,131-97.3% | $4,887-97.2% |