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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 | $241,341 | $97,289+148.1% | $92,805+160.1% | $155,188+55.5% |
| Participation rate | 62.5% | 84.2%-21.7pp | 83.5%-21.0pp | 80.8%-18.3pp |
| Annual return | 15.61% | 29.03%-13.4pp | 31.59%-16.0pp | 148.84%-133.2pp |
| Employer contribution / active EE | $1,745 | $3,632-52.0% | $3,424-49.0% | $4,248-58.9% |
| Participant deferral / active EE | $2,505 | $8,795-71.5% | $8,448-70.3% | $6,531-61.6% |
| Admin fee / account holder | $0 | $12,015-100.0% | $10,911-100.0% | $14,480-100.0% |