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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 | $83,204 | $106,267-21.7% | $96,520-13.8% | $139,456-40.3% |
| Participation rate | 14.3% | 77.8%-63.6pp | 74.3%-60.1pp | 80.3%-66.0pp |
| Annual return | 13.08% | 38.45%-25.4pp | 35.72%-22.6pp | 373.45%-360.4pp |
| Employer contribution / active EE | $3,076 | $4,105-25.1% | $3,739-17.7% | $4,753-35.3% |
| Participant deferral / active EE | $770 | $5,454-85.9% | $4,879-84.2% | $6,711-88.5% |
| Admin fee / account holder | $0 | $7,882-100.0% | $6,733-100.0% | $11,407-100.0% |