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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 | $101,724 | $58,859+72.8% | $129,397-21.4% | $77,714+30.9% |
| Participation rate | 12.8% | 59.3%-46.6pp | 69.6%-56.9pp | 70.6%-57.8pp |
| Annual return | 14.72% | 24.74%-10.0pp | 9453.98%-9439.3pp | 31.26%-16.5pp |
| Employer contribution / active EE | $455 | $1,952-76.7% | $4,154-89.1% | $2,727-83.3% |
| Participant deferral / active EE | $891 | $3,215-72.3% | $4,167-78.6% | $4,649-80.8% |
| Admin fee / account holder | $132 | $591-77.6% | $7,679-98.3% | $433-69.5% |