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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 | $66,507 | $93,617-29.0% | $135,982-51.1% | $75,177-11.5% |
| Participation rate | 59.7% | 75.2%-15.5pp | 81.9%-22.2pp | 67.2%-7.5pp |
| Annual return | 17.84% | 30.89%-13.0pp | 68.32%-50.5pp | 160.75%-142.9pp |
| Employer contribution / active EE | $2,283 | $3,538-35.5% | $4,859-53.0% | $2,671-14.5% |
| Participant deferral / active EE | $2,136 | $6,406-66.7% | $7,760-72.5% | $4,126-48.2% |
| Admin fee / account holder | $297 | $6,980-95.7% | $10,767-97.2% | $5,651-94.7% |