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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 | $132,099+22.2% | $115,599+39.7% | $138,895+16.3% |
| Participation rate | 44.4% | 77.9%-33.4pp | 74.3%-29.8pp | 79.9%-35.5pp |
| Annual return | 12.83% | 176.76%-163.9pp | 111.10%-98.3pp | 145.39%-132.6pp |
| Employer contribution / active EE | $0 | $3,416-100.0% | $2,955-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $422 | $5,617-92.5% | $4,889-91.4% | $6,396-93.4% |
| Admin fee / account holder | $15 | $15,650-99.9% | $12,841-99.9% | $12,562-99.9% |