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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 | $106,864+53.3% | $147,318+11.2% | $82,637+98.3% |
| Participation rate | 65.4% | 75.5%-10.1pp | 82.1%-16.7pp | 68.1%-2.7pp |
| Annual return | 17.00% | 27.49%-10.5pp | 70.43%-53.4pp | 53.51%-36.5pp |
| Employer contribution / active EE | $2,443 | $3,417-28.5% | $4,593-46.8% | $2,552-4.3% |
| Participant deferral / active EE | $1,801 | $6,496-72.3% | $7,906-77.2% | $4,126-56.4% |
| Admin fee / account holder | $204 | $8,415-97.6% | $13,708-98.5% | $7,339-97.2% |