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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 | $116,894 | $76,551+52.7% | $123,894-5.7% | $62,881+85.9% |
| Participation rate | 20.7% | 73.0%-52.3pp | 81.4%-60.7pp | 69.3%-48.6pp |
| Annual return | 6.41% | 18.68%-12.3pp | 47.52%-41.1pp | 20.14%-13.7pp |
| Employer contribution / active EE | $713 | $2,882-75.3% | $4,617-84.5% | $2,281-68.7% |
| Participant deferral / active EE | $1,358 | $4,840-71.9% | $5,984-77.3% | $3,203-57.6% |
| Admin fee / account holder | $6 | $4,826-99.9% | $8,357-99.9% | $4,296-99.9% |