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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 | $114,119-75.2% | $107,187-73.6% | $138,895-79.6% |
| Participation rate | 8.3% | 78.1%-69.7pp | 75.0%-66.7pp | 79.9%-71.6pp |
| Annual return | 16.09% | 273.21%-257.1pp | 204.55%-188.5pp | 145.39%-129.3pp |
| Employer contribution / active EE | $293 | $4,059-92.8% | $3,782-92.3% | $4,194-93.0% |
| Participant deferral / active EE | $454 | $5,538-91.8% | $5,096-91.1% | $6,396-92.9% |
| Admin fee / account holder | $145 | $10,024-98.6% | $9,162-98.4% | $12,562-98.8% |