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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 | $101,504 | $54,541+86.1% | $78,778+28.8% | $70,126+44.7% |
| Participation rate | 5.7% | 60.8%-55.1pp | 69.2%-63.4pp | 69.5%-63.8pp |
| Annual return | 19.31% | 21.07%-1.8pp | 35.62%-16.3pp | 73.15%-53.8pp |
| Employer contribution / active EE | $241 | $1,089-77.9% | $1,986-87.9% | $2,343-89.7% |
| Participant deferral / active EE | $705 | $2,210-68.1% | $2,958-76.2% | $3,332-78.8% |
| Admin fee / account holder | $0 | $3,709-100.0% | $5,134-100.0% | $4,645-100.0% |