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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 | $100,415 | $97,550+2.9% | $120,344-16.6% | $87,485+14.8% |
| Participation rate | 46.2% | 72.8%-26.7pp | 76.7%-30.6pp | 68.9%-22.8pp |
| Annual return | 11.83% | 18.41%-6.6pp | 20.30%-8.5pp | 26.06%-14.2pp |
| Employer contribution / active EE | $783 | $2,291-65.8% | $3,020-74.1% | $2,596-69.8% |
| Participant deferral / active EE | $1,151 | $4,230-72.8% | $5,135-77.6% | $4,274-73.1% |
| Admin fee / account holder | $0 | $9,543-100.0% | $12,742-100.0% | $7,775-100.0% |