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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 | $76,834-5.1% | $108,359-32.7% | $87,485-16.6% |
| Participation rate | 23.1% | 61.7%-38.7pp | 70.1%-47.0pp | 68.9%-45.9pp |
| Annual return | 23.89% | 19.09%+4.8pp | 36.89%-13.0pp | 26.06%-2.2pp |
| Employer contribution / active EE | $372 | $1,556-76.1% | $2,399-84.5% | $2,596-85.7% |
| Participant deferral / active EE | $823 | $3,100-73.4% | $4,137-80.1% | $4,274-80.7% |
| Admin fee / account holder | $49 | $6,537-99.2% | $9,741-99.5% | $7,775-99.4% |