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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 | $45,047 | $93,345-51.7% | $119,126-62.2% | $87,485-48.5% |
| Participation rate | 35.7% | 68.7%-33.0pp | 75.8%-40.0pp | 68.9%-33.2pp |
| Annual return | 22.72% | 19.08%+3.6pp | 282.11%-259.4pp | 26.06%-3.3pp |
| Employer contribution / active EE | $3,820 | $3,172+20.4% | $4,034-5.3% | $2,596+47.1% |
| Participant deferral / active EE | $806 | $4,099-80.3% | $5,318-84.8% | $4,274-81.1% |
| Admin fee / account holder | $0 | $8,039-100.0% | $10,693-100.0% | $7,775-100.0% |