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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 | $75,362 | $67,606+11.5% | $82,313-8.4% | $70,131+7.5% |
| Participation rate | 33.3% | 72.8%-39.4pp | 76.9%-43.6pp | 69.5%-36.2pp |
| Annual return | 17.71% | 21.57%-3.9pp | 25.88%-8.2pp | 73.14%-55.4pp |
| Employer contribution / active EE | $644 | $1,755-63.3% | $2,428-73.5% | $2,342-72.5% |
| Participant deferral / active EE | $933 | $2,987-68.8% | $3,706-74.8% | $3,332-72.0% |
| Admin fee / account holder | $89 | $4,512-98.0% | $5,608-98.4% | $4,645-98.1% |