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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 | $145,318 | $107,421+35.3% | $182,262-20.3% | $94,015+54.6% |
| Participation rate | 13.5% | 77.8%-64.3pp | 84.2%-70.7pp | 70.8%-57.3pp |
| Annual return | 17.61% | 21.32%-3.7pp | 140.60%-123.0pp | 17.84%-0.2pp |
| Employer contribution / active EE | $539 | $3,448-84.4% | $5,046-89.3% | $2,790-80.7% |
| Participant deferral / active EE | $1,591 | $6,558-75.7% | $8,276-80.8% | $4,249-62.6% |
| Admin fee / account holder | $0 | $8,692-100.0% | $16,712-100.0% | $8,951-100.0% |