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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 | $72,935 | $73,787-1.2% | $98,716-26.1% | $82,448-11.5% |
| Participation rate | 23.1% | 61.4%-38.3pp | 69.3%-46.2pp | 68.1%-45.0pp |
| Annual return | 23.89% | 18.57%+5.3pp | 31.81%-7.9pp | 41.64%-17.8pp |
| Employer contribution / active EE | $372 | $1,511-75.4% | $2,279-83.7% | $2,551-85.4% |
| Participant deferral / active EE | $823 | $3,081-73.3% | $4,048-79.7% | $4,139-80.1% |
| Admin fee / account holder | $49 | $6,500-99.2% | $8,703-99.4% | $7,234-99.3% |