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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 | $117,862 | $126,661-6.9% | $113,397+3.9% | $138,895-15.1% |
| Participation rate | 47.4% | 79.4%-32.1pp | 76.5%-29.1pp | 79.9%-32.6pp |
| Annual return | 19.11% | 25.05%-5.9pp | 23.20%-4.1pp | 145.39%-126.3pp |
| Employer contribution / active EE | $999 | $3,456-71.1% | $2,977-66.4% | $4,194-76.2% |
| Participant deferral / active EE | $1,046 | $5,693-81.6% | $5,076-79.4% | $6,396-83.7% |
| Admin fee / account holder | $21 | $14,549-99.9% | $11,957-99.8% | $12,562-99.8% |