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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 | $28,308 | $111,535-74.6% | $105,223-73.1% | $137,256-79.4% |
| Participation rate | 8.3% | 78.1%-69.8pp | 75.0%-66.7pp | 80.0%-71.6pp |
| Annual return | 16.09% | 237.85%-221.8pp | 180.65%-164.6pp | 220.34%-204.3pp |
| Employer contribution / active EE | $293 | $3,939-92.6% | $3,689-92.1% | $4,156-93.0% |
| Participant deferral / active EE | $454 | $5,500-91.7% | $5,072-91.0% | $6,407-92.9% |
| Admin fee / account holder | $145 | $9,721-98.5% | $8,859-98.4% | $12,270-98.8% |