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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 | $45,713 | $106,267-57.0% | $96,520-52.6% | $139,456-67.2% |
| Participation rate | 57.1% | 77.8%-20.7pp | 74.3%-17.2pp | 80.3%-23.2pp |
| Annual return | 41.09% | 38.45%+2.6pp | 35.72%+5.4pp | 373.45%-332.4pp |
| Employer contribution / active EE | $10,389 | $4,105+153.1% | $3,739+177.9% | $4,753+118.6% |
| Participant deferral / active EE | $206 | $5,454-96.2% | $4,879-95.8% | $6,711-96.9% |
| Admin fee / account holder | $191 | $7,882-97.6% | $6,733-97.2% | $11,407-98.3% |