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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 | $106,524-45.9% | $152,301-62.2% | $87,485-34.1% |
| Participation rate | 52.0% | 75.8%-23.8pp | 82.4%-30.4pp | 68.9%-16.9pp |
| Annual return | 16.90% | 26.89%-10.0pp | 80.50%-63.6pp | 26.06%-9.2pp |
| Employer contribution / active EE | $1,003 | $3,371-70.3% | $4,624-78.3% | $2,596-61.4% |
| Participant deferral / active EE | $1,462 | $6,525-77.6% | $8,004-81.7% | $4,274-65.8% |
| Admin fee / account holder | $0 | $8,287-100.0% | $14,398-100.0% | $7,775-100.0% |