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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 | $20,242 | $77,816-74.0% | $123,552-83.6% | $64,173-68.5% |
| Participation rate | 10.7% | 74.7%-64.0pp | 82.3%-71.6pp | 69.6%-58.9pp |
| Annual return | 10197.21% | 12.49%+10184.7pp | 119.20%+10078.0pp | 7.63%+10189.6pp |
| Employer contribution / active EE | $0 | $3,014-100.0% | $4,628-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $323 | $5,240-93.8% | $6,426-95.0% | $3,470-90.7% |
| Admin fee / account holder | $123 | $5,519-97.8% | $9,285-98.7% | $4,887-97.5% |