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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 | $113,210 | $60,442+87.3% | $96,754+17.0% | $87,485+29.4% |
| Participation rate | 8.8% | 58.7%-49.9pp | 70.3%-61.5pp | 68.9%-60.1pp |
| Annual return | 15.90% | 21.97%-6.1pp | 82.04%-66.1pp | 26.06%-10.2pp |
| Employer contribution / active EE | $485 | $1,691-71.3% | $2,679-81.9% | $2,596-81.3% |
| Participant deferral / active EE | $873 | $3,280-73.4% | $4,758-81.7% | $4,274-79.6% |
| Admin fee / account holder | $106 | $5,069-97.9% | $8,905-98.8% | $7,775-98.6% |