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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 | $106,010 | $78,707+34.7% | $117,861-10.1% | $70,126+51.2% |
| Participation rate | 44.4% | 73.2%-28.7pp | 79.7%-35.2pp | 69.5%-25.1pp |
| Annual return | 15.91% | 23.30%-7.4pp | 335.11%-319.2pp | 73.15%-57.2pp |
| Employer contribution / active EE | $743 | $2,223-66.6% | $3,786-80.4% | $2,343-68.3% |
| Participant deferral / active EE | $1,094 | $3,297-66.8% | $4,482-75.6% | $3,332-67.2% |
| Admin fee / account holder | $0 | $5,066-100.0% | $8,021-100.0% | $4,645-100.0% |