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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 | $139,948+15.4% | $121,663+32.7% | $154,746+4.4% |
| Participation rate | 44.4% | 78.0%-33.6pp | 74.5%-30.0pp | 80.7%-36.3pp |
| Annual return | 12.83% | 230.52%-217.7pp | 147.54%-134.7pp | 172.34%-159.5pp |
| Employer contribution / active EE | $0 | $3,521-100.0% | $3,020-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $422 | $5,629-92.5% | $4,887-91.4% | $6,730-93.7% |
| Admin fee / account holder | $15 | $17,321-99.9% | $14,289-99.9% | $14,365-99.9% |