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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 | $120,452 | $159,978-24.7% | $147,041-18.1% | $145,978-17.5% |
| Participation rate | 57.1% | 84.0%-26.9pp | 82.2%-25.0pp | 80.3%-23.1pp |
| Annual return | 14.09% | 98.36%-84.3pp | 419.21%-405.1pp | 550.52%-536.4pp |
| Employer contribution / active EE | $1,107 | $5,288-79.1% | $4,935-77.6% | $4,662-76.2% |
| Participant deferral / active EE | $1,948 | $8,429-76.9% | $8,071-75.9% | $6,690-70.9% |
| Admin fee / account holder | $7 | $15,053-100.0% | $13,006-99.9% | $13,400-99.9% |