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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 | $238,283 | $232,540+2.5% | $185,117+28.7% | $147,586+61.5% |
| Participation rate | 44.4% | 82.4%-37.9pp | 77.3%-32.8pp | 82.8%-38.4pp |
| Annual return | 17.77% | 43.03%-25.3pp | 40.50%-22.7pp | 578.59%-560.8pp |
| Employer contribution / active EE | $760 | $5,195-85.4% | $4,182-81.8% | $4,876-84.4% |
| Participant deferral / active EE | $731 | $5,834-87.5% | $5,045-85.5% | $5,439-86.6% |
| Admin fee / account holder | $0 | $10,275-100.0% | $8,159-100.0% | $10,886-100.0% |