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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 | $147,125 | $101,618+44.8% | $93,063+58.1% | $137,256+7.2% |
| Participation rate | 69.2% | 74.9%-5.7pp | 72.1%-2.9pp | 80.0%-10.7pp |
| Annual return | 11.68% | 223.95%-212.3pp | 34.15%-22.5pp | 220.34%-208.7pp |
| Employer contribution / active EE | $6,592 | $2,707+143.5% | $2,476+166.2% | $4,156+58.6% |
| Participant deferral / active EE | $129 | $4,279-97.0% | $3,958-96.7% | $6,407-98.0% |
| Admin fee / account holder | $147 | $6,198-97.6% | $6,033-97.6% | $12,270-98.8% |