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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 | $166,608 | $87,037+91.4% | $106,201+56.9% | $80,874+106.0% |
| Participation rate | 22.5% | 70.4%-47.9pp | 75.3%-52.8pp | 67.6%-45.1pp |
| Annual return | 13.21% | 17.05%-3.8pp | 116.26%-103.0pp | 35.62%-22.4pp |
| Employer contribution / active EE | $0 | $2,396-100.0% | $3,170-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $796 | $3,986-80.0% | $5,012-84.1% | $4,297-81.5% |
| Admin fee / account holder | $219 | $8,434-97.4% | $11,039-98.0% | $6,935-96.8% |