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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 | $155,560 | $127,386+22.1% | $115,037+35.2% | $125,388+24.1% |
| Participation rate | 33.3% | 84.2%-50.8pp | 81.4%-48.0pp | 83.2%-49.9pp |
| Annual return | -0.05% | 31.28%-31.3pp | 26.14%-26.2pp | 282.24%-282.3pp |
| Employer contribution / active EE | $960 | $5,166-81.4% | $4,608-79.2% | $4,866-80.3% |
| Participant deferral / active EE | $1,342 | $6,423-79.1% | $6,026-77.7% | $5,352-74.9% |
| Admin fee / account holder | $190 | $9,516-98.0% | $8,175-97.7% | $9,541-98.0% |