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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 | $196,593 | $112,935+74.1% | $90,970+116.1% | $158,966+23.7% |
| Participation rate | 7.1% | 74.7%-67.6pp | 69.0%-61.9pp | 82.0%-74.8pp |
| Annual return | 20.44% | 215.79%-195.3pp | 134.58%-114.1pp | 302.95%-282.5pp |
| Employer contribution / active EE | $471 | $2,895-83.7% | $2,122-77.8% | $4,762-90.1% |
| Participant deferral / active EE | $589 | $4,129-85.7% | $3,373-82.5% | $5,983-90.2% |
| Admin fee / account holder | $30 | $8,045-99.6% | $5,960-99.5% | $11,250-99.7% |