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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 | $144,891 | $111,814+29.6% | $103,378+40.2% | $145,978-0.7% |
| Participation rate | 41.7% | 77.9%-36.3pp | 74.5%-32.8pp | 80.3%-38.6pp |
| Annual return | 13.26% | 24.80%-11.5pp | 24.91%-11.7pp | 550.52%-537.3pp |
| Employer contribution / active EE | $1,317 | $4,215-68.8% | $3,870-66.0% | $4,662-71.8% |
| Participant deferral / active EE | $1,350 | $5,618-76.0% | $5,058-73.3% | $6,690-79.8% |
| Admin fee / account holder | $0 | $9,764-100.0% | $8,401-100.0% | $13,400-100.0% |