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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 | $84,578 | $63,355+33.5% | $91,989-8.1% | $72,986+15.9% |
| Participation rate | 28.6% | 72.5%-43.9pp | 78.6%-50.1pp | 69.5%-40.9pp |
| Annual return | 28.97% | 35.35%-6.4pp | 69.02%-40.1pp | 81.01%-52.0pp |
| Employer contribution / active EE | $830 | $2,116-60.7% | $3,452-75.9% | $2,440-66.0% |
| Participant deferral / active EE | $1,918 | $4,883-60.7% | $5,923-67.6% | $3,607-46.8% |
| Admin fee / account holder | $1 | $4,668-100.0% | $7,743-100.0% | $5,124-100.0% |