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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 | $104,436 | $93,064+12.2% | $74,577+40.0% | $273,972-61.9% |
| Participation rate | 20.0% | 74.9%-54.9pp | 68.1%-48.1pp | 83.0%-63.0pp |
| Annual return | 11.09% | 26.18%-15.1pp | 20.47%-9.4pp | 41.46%-30.4pp |
| Employer contribution / active EE | $4,459 | $3,160+41.1% | $2,525+76.6% | $4,869-8.4% |
| Participant deferral / active EE | $347 | $4,160-91.7% | $3,458-90.0% | $5,287-93.4% |
| Admin fee / account holder | $0 | $5,273-100.0% | $4,138-100.0% | $10,133-100.0% |