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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 | $82,814 | $67,602+22.5% | $82,312+0.6% | $70,126+18.1% |
| Participation rate | 18.8% | 72.8%-54.0pp | 76.9%-58.1pp | 69.5%-50.8pp |
| Annual return | 13.81% | 21.57%-7.8pp | 25.88%-12.1pp | 73.15%-59.3pp |
| Employer contribution / active EE | $960 | $1,755-45.3% | $2,428-60.5% | $2,343-59.0% |
| Participant deferral / active EE | $1,171 | $2,987-60.8% | $3,706-68.4% | $3,332-64.8% |
| Admin fee / account holder | $0 | $4,512-100.0% | $5,608-100.0% | $4,645-100.0% |