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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 | $132,285 | $53,546+147.1% | $69,890+89.3% | $68,490+93.1% |
| Participation rate | 34.2% | 64.5%-30.3pp | 70.5%-36.3pp | 67.9%-33.7pp |
| Annual return | 12.53% | -13.87%+26.4pp | 190.84%-178.3pp | -7.85%+20.4pp |
| Employer contribution / active EE | $0 | $2,019-100.0% | $2,560-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $397 | $2,957-86.6% | $3,848-89.7% | $4,028-90.1% |
| Admin fee / account holder | $63 | $4,693-98.7% | $6,267-99.0% | $5,403-98.8% |