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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 | $180,208 | $68,586+162.7% | $120,380+49.7% | $80,911+122.7% |
| Participation rate | 14.3% | 61.6%-47.3pp | 71.9%-57.6pp | 67.6%-53.4pp |
| Annual return | 14.70% | 23.62%-8.9pp | 107.28%-92.6pp | 35.63%-20.9pp |
| Employer contribution / active EE | $578 | $2,053-71.8% | $3,465-83.3% | $2,756-79.0% |
| Participant deferral / active EE | $588 | $3,174-81.5% | $4,992-88.2% | $4,297-86.3% |
| Admin fee / account holder | $0 | $5,733-100.0% | $9,421-100.0% | $6,935-100.0% |