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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 | $76,451 | $63,904+19.6% | $89,340-14.4% | $67,986+12.5% |
| Participation rate | 7.9% | 54.3%-46.4pp | 69.6%-61.6pp | 57.2%-49.3pp |
| Annual return | 21.98% | 18.09%+3.9pp | 20.57%+1.4pp | 31.67%-9.7pp |
| Employer contribution / active EE | $494 | $1,627-69.6% | $2,231-77.8% | $2,019-75.5% |
| Participant deferral / active EE | $930 | $2,691-65.4% | $3,823-75.7% | $3,358-72.3% |
| Admin fee / account holder | $1 | $3,315-100.0% | $6,704-100.0% | $3,203-100.0% |