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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 | $96,590 | $58,512+65.1% | $84,020+15.0% | $72,983+32.3% |
| Participation rate | 29.6% | 61.2%-31.6pp | 69.0%-39.4pp | 69.5%-39.9pp |
| Annual return | 20.92% | 28.93%-8.0pp | 71.31%-50.4pp | 81.01%-60.1pp |
| Employer contribution / active EE | $279 | $1,163-76.0% | $1,984-85.9% | $2,440-88.6% |
| Participant deferral / active EE | $668 | $2,394-72.1% | $3,239-79.4% | $3,608-81.5% |
| Admin fee / account holder | $228 | $4,569-95.0% | $6,101-96.3% | $5,124-95.5% |