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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 | $81,148 | $112,729-28.0% | $98,716-17.8% | $137,256-40.9% |
| Participation rate | 62.5% | 74.2%-11.7pp | 69.3%-6.8pp | 80.0%-17.5pp |
| Annual return | 15.47% | 38.48%-23.0pp | 31.81%-16.3pp | 220.34%-204.9pp |
| Employer contribution / active EE | $5,219 | $2,725+91.5% | $2,279+129.0% | $4,156+25.6% |
| Participant deferral / active EE | $0 | $4,640-100.0% | $4,048-100.0% | $6,407-100.0% |
| Admin fee / account holder | $5 | $10,129-99.9% | $8,703-99.9% | $12,270-100.0% |