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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 | $106,524+53.8% | $152,301+7.6% | $87,485+87.3% |
| Participation rate | 65.4% | 75.8%-10.4pp | 82.4%-17.1pp | 68.9%-3.5pp |
| Annual return | 17.00% | 26.89%-9.9pp | 80.50%-63.5pp | 26.06%-9.1pp |
| Employer contribution / active EE | $2,443 | $3,371-27.5% | $4,624-47.2% | $2,596-5.9% |
| Participant deferral / active EE | $1,801 | $6,525-72.4% | $8,004-77.5% | $4,274-57.9% |
| Admin fee / account holder | $204 | $8,287-97.5% | $14,398-98.6% | $7,775-97.4% |