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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 | $144,482 | $108,226+33.5% | $77,513+86.4% | $158,950-9.1% |
| Participation rate | 16.7% | 64.4%-47.8pp | 54.2%-37.5pp | 82.0%-65.3pp |
| Annual return | 20.09% | 31.67%-11.6pp | 54.81%-34.7pp | 302.91%-282.8pp |
| Employer contribution / active EE | $12 | $1,325-99.1% | $987-98.8% | $4,762-99.7% |
| Participant deferral / active EE | $15 | $2,456-99.4% | $1,861-99.2% | $5,983-99.7% |
| Admin fee / account holder | $0 | $3,710-100.0% | $2,859-100.0% | $11,248-100.0% |