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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 | $151,418 | $61,605+145.8% | $112,273+34.9% | $75,173+101.4% |
| Participation rate | 14.3% | 61.7%-47.4pp | 72.4%-58.2pp | 67.2%-52.9pp |
| Annual return | 19.33% | 28.47%-9.1pp | 30.23%-10.9pp | 160.72%-141.4pp |
| Employer contribution / active EE | $630 | $2,015-68.7% | $3,431-81.6% | $2,671-76.4% |
| Participant deferral / active EE | $630 | $3,108-79.7% | $4,800-86.9% | $4,126-84.7% |
| Admin fee / account holder | $0 | $4,862-100.0% | $7,752-100.0% | $5,651-100.0% |