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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 | $52,902 | $112,915-53.1% | $90,965-41.8% | $158,950-66.7% |
| Participation rate | 22.2% | 74.7%-52.5pp | 69.0%-46.8pp | 82.0%-59.7pp |
| Annual return | 20.54% | 215.75%-195.2pp | 134.57%-114.0pp | 302.91%-282.4pp |
| Employer contribution / active EE | $250 | $2,894-91.4% | $2,122-88.2% | $4,762-94.7% |
| Participant deferral / active EE | $524 | $4,128-87.3% | $3,373-84.5% | $5,983-91.2% |
| Admin fee / account holder | $246 | $8,044-96.9% | $5,960-95.9% | $11,248-97.8% |