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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 | $104,098-3.5% | $140,514-28.5% | $94,015+6.8% |
| Participation rate | 46.2% | 73.7%-27.6pp | 77.8%-31.6pp | 70.8%-24.7pp |
| Annual return | 11.83% | 15.14%-3.3pp | 14.36%-2.5pp | 17.84%-6.0pp |
| Employer contribution / active EE | $783 | $2,388-67.2% | $3,378-76.8% | $2,790-71.9% |
| Participant deferral / active EE | $1,151 | $4,033-71.5% | $4,919-76.6% | $4,249-72.9% |
| Admin fee / account holder | $0 | $10,439-100.0% | $13,697-100.0% | $8,951-100.0% |