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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 | $154,183 | $76,371+101.9% | $93,621+64.7% | $72,976+111.3% |
| Participation rate | 19.3% | 71.8%-52.5pp | 75.8%-56.5pp | 69.5%-50.2pp |
| Annual return | 16.69% | 25.82%-9.1pp | 32.76%-16.1pp | 81.02%-64.3pp |
| Employer contribution / active EE | $1,836 | $2,276-19.3% | $2,719-32.5% | $2,440-24.7% |
| Participant deferral / active EE | $815 | $3,538-77.0% | $4,070-80.0% | $3,608-77.4% |
| Admin fee / account holder | $24 | $6,839-99.7% | $7,890-99.7% | $5,124-99.5% |