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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 | $183,006 | $103,008+77.7% | $90,304+102.7% | $152,897+19.7% |
| Participation rate | 20.0% | 75.9%-55.9pp | 73.3%-53.3pp | 82.5%-62.5pp |
| Annual return | 12.01% | 95.22%-83.2pp | 78.13%-66.1pp | 345.43%-333.4pp |
| Employer contribution / active EE | $720 | $3,139-77.1% | $2,855-74.8% | $4,764-84.9% |
| Participant deferral / active EE | $720 | $4,281-83.2% | $3,885-81.5% | $5,851-87.7% |
| Admin fee / account holder | $15 | $6,175-99.8% | $5,354-99.7% | $11,599-99.9% |