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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 | $69,672 | $81,476-14.5% | $102,383-31.9% | $80,925-13.9% |
| Participation rate | 11.1% | 66.8%-55.7pp | 74.5%-63.4pp | 67.7%-56.5pp |
| Annual return | 11.16% | 25.59%-14.4pp | 24.94%-13.8pp | 35.65%-24.5pp |
| Employer contribution / active EE | $0 | $3,105-100.0% | $3,870-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $785 | $3,871-79.7% | $5,060-84.5% | $4,299-81.7% |
| Admin fee / account holder | $0 | $6,717-100.0% | $8,391-100.0% | $6,940-100.0% |