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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 | $32,992 | $96,558-65.8% | $80,977-59.3% | $273,972-88.0% |
| Participation rate | 50.0% | 79.1%-29.1pp | 75.8%-25.8pp | 83.0%-33.0pp |
| Annual return | 62.42% | 15.14%+47.3pp | 17.11%+45.3pp | 41.46%+21.0pp |
| Employer contribution / active EE | $1,310 | $4,869-73.1% | $3,715-64.7% | $4,869-73.1% |
| Participant deferral / active EE | $1,510 | $6,598-77.1% | $5,696-73.5% | $5,287-71.5% |
| Admin fee / account holder | $0 | $7,493-100.0% | $5,517-100.0% | $10,133-100.0% |