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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 | $157,738 | $116,203+35.7% | $93,621+68.5% | $152,897+3.2% |
| Participation rate | 63.6% | 78.1%-14.4pp | 75.8%-12.2pp | 82.5%-18.8pp |
| Annual return | 22.96% | 35.96%-13.0pp | 32.76%-9.8pp | 345.43%-322.5pp |
| Employer contribution / active EE | $0 | $3,219-100.0% | $2,719-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $1,088 | $4,605-76.4% | $4,070-73.3% | $5,851-81.4% |
| Admin fee / account holder | $25 | $10,751-99.8% | $7,890-99.7% | $11,599-99.8% |