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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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,018 | $49,897-83.9% | $80,648-90.1% | $75,177-89.3% |
| Participation rate | 8.2% | 55.3%-47.1pp | 67.0%-58.8pp | 67.2%-59.0pp |
| Annual return | 18.21% | 34.68%-16.5pp | 937.21%-919.0pp | 160.75%-142.5pp |
| Employer contribution / active EE | $70 | $1,699-95.9% | $2,724-97.4% | $2,671-97.4% |
| Participant deferral / active EE | $337 | $2,992-88.7% | $4,443-92.4% | $4,126-91.8% |
| Admin fee / account holder | $0 | $3,579-100.0% | $5,382-100.0% | $5,651-100.0% |