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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 | $108,451 | $67,602+60.4% | $82,312+31.8% | $70,126+54.7% |
| Participation rate | 18.0% | 72.8%-54.8pp | 76.9%-58.9pp | 69.5%-51.5pp |
| Annual return | 16.39% | 21.57%-5.2pp | 25.88%-9.5pp | 73.15%-56.8pp |
| Employer contribution / active EE | $544 | $1,755-69.0% | $2,428-77.6% | $2,343-76.8% |
| Participant deferral / active EE | $980 | $2,987-67.2% | $3,706-73.6% | $3,332-70.6% |
| Admin fee / account holder | $8 | $4,512-99.8% | $5,608-99.9% | $4,645-99.8% |