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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 | $42,565 | $78,428-45.7% | $95,960-55.6% | $79,852-46.7% |
| Participation rate | 41.0% | 73.5%-32.5pp | 77.1%-36.1pp | 69.6%-28.7pp |
| Annual return | 10.83% | 19.37%-8.5pp | 91.63%-80.8pp | 31.72%-20.9pp |
| Employer contribution / active EE | $12 | $1,945-99.4% | $2,541-99.5% | $2,471-99.5% |
| Participant deferral / active EE | $333 | $3,440-90.3% | $4,167-92.0% | $3,740-91.1% |
| Admin fee / account holder | $113 | $5,622-98.0% | $6,797-98.3% | $5,306-97.9% |