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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 | $79,467 | $86,938-8.6% | $102,423-22.4% | $80,925-1.8% |
| Participation rate | 33.3% | 72.4%-39.0pp | 76.5%-43.2pp | 67.7%-34.3pp |
| Annual return | 20.21% | 18.89%+1.3pp | 29.42%-9.2pp | 35.65%-15.4pp |
| Employer contribution / active EE | $894 | $2,369-62.3% | $3,023-70.4% | $2,756-67.6% |
| Participant deferral / active EE | $1,558 | $4,120-62.2% | $5,054-69.2% | $4,299-63.7% |
| Admin fee / account holder | $127 | $8,053-98.4% | $9,455-98.7% | $6,940-98.2% |