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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 | $39,037 | $98,766-60.5% | $149,730-73.9% | $79,852-51.1% |
| Participation rate | 20.0% | 75.8%-55.8pp | 82.5%-62.5pp | 69.6%-49.6pp |
| Annual return | 25.54% | 27.43%-1.9pp | 276.70%-251.2pp | 31.72%-6.2pp |
| Employer contribution / active EE | $0 | $3,217-100.0% | $4,645-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $997 | $5,681-82.4% | $6,843-85.4% | $3,740-73.3% |
| Admin fee / account holder | $290 | $6,052-95.2% | $9,310-96.9% | $5,306-94.5% |