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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 | $82,848 | $135,905-39.0% | $126,068-34.3% | $198,609-58.3% |
| Participation rate | 52.4% | 85.6%-33.3pp | 84.7%-32.3pp | 82.4%-30.0pp |
| Annual return | 16.24% | 14.07%+2.2pp | 15.01%+1.2pp | 202.70%-186.5pp |
| Employer contribution / active EE | $0 | $4,245-100.0% | $3,968-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $2,800 | $8,523-67.1% | $8,214-65.9% | $6,977-59.9% |
| Admin fee / account holder | $0 | $21,036-100.0% | $18,264-100.0% | $19,030-100.0% |