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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 | $161,485 | $177,595-9.1% | $148,496+8.7% | $198,609-18.7% |
| Participation rate | 44.4% | 79.3%-34.8pp | 76.0%-31.6pp | 82.4%-37.9pp |
| Annual return | 12.83% | 9.97%+2.9pp | 12.33%+0.5pp | 202.70%-189.9pp |
| Employer contribution / active EE | $0 | $4,098-100.0% | $3,497-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $422 | $5,539-92.4% | $4,808-91.2% | $6,977-94.0% |
| Admin fee / account holder | $15 | $27,010-99.9% | $19,547-99.9% | $19,030-99.9% |