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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 | $54,642 | $52,279+4.5% | $89,400-38.9% | $79,858-31.6% |
| Participation rate | 10.6% | 57.5%-46.9pp | 68.0%-57.3pp | 69.6%-59.0pp |
| Annual return | 12.14% | 22.16%-10.0pp | 245.64%-233.5pp | 31.72%-19.6pp |
| Employer contribution / active EE | $156 | $1,572-90.1% | $2,586-94.0% | $2,471-93.7% |
| Participant deferral / active EE | $451 | $2,740-83.5% | $3,890-88.4% | $3,740-87.9% |
| Admin fee / account holder | $150 | $3,356-95.5% | $4,882-96.9% | $5,306-97.2% |