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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 | $163,852 | $106,749+53.5% | $145,433+12.7% | $82,448+98.7% |
| Participation rate | 65.4% | 75.6%-10.3pp | 82.1%-16.7pp | 68.1%-2.7pp |
| Annual return | 17.00% | 27.59%-10.6pp | 66.58%-49.6pp | 41.64%-24.6pp |
| Employer contribution / active EE | $2,443 | $3,444-29.1% | $4,554-46.4% | $2,551-4.2% |
| Participant deferral / active EE | $1,801 | $6,519-72.4% | $7,897-77.2% | $4,139-56.5% |
| Admin fee / account holder | $204 | $8,390-97.6% | $13,129-98.4% | $7,234-97.2% |