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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 | $132,864 | $98,776+34.5% | $149,745-11.3% | $79,856+66.4% |
| Participation rate | 34.6% | 75.8%-41.2pp | 82.5%-47.9pp | 69.6%-35.0pp |
| Annual return | 15.67% | 27.38%-11.7pp | 276.72%-261.1pp | 31.71%-16.0pp |
| Employer contribution / active EE | $624 | $3,217-80.6% | $4,646-86.6% | $2,471-74.8% |
| Participant deferral / active EE | $2,082 | $5,681-63.4% | $6,843-69.6% | $3,741-44.4% |
| Admin fee / account holder | $152 | $6,053-97.5% | $9,312-98.4% | $5,306-97.1% |