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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 | $57,646 | $107,421-46.3% | $182,262-68.4% | $94,015-38.7% |
| Participation rate | 52.0% | 77.8%-25.8pp | 84.2%-32.2pp | 70.8%-18.8pp |
| Annual return | 16.90% | 21.32%-4.4pp | 140.60%-123.7pp | 17.84%-0.9pp |
| Employer contribution / active EE | $1,003 | $3,448-70.9% | $5,046-80.1% | $2,790-64.1% |
| Participant deferral / active EE | $1,462 | $6,558-77.7% | $8,276-82.3% | $4,249-65.6% |
| Admin fee / account holder | $0 | $8,692-100.0% | $16,712-100.0% | $8,951-100.0% |