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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 | $106,091 | $73,019+45.3% | $90,766+16.9% | $68,490+54.9% |
| Participation rate | 42.3% | 70.8%-28.5pp | 75.7%-33.4pp | 67.9%-25.6pp |
| Annual return | -17.46% | -13.81%-3.7pp | -12.16%-5.3pp | -7.85%-9.6pp |
| Employer contribution / active EE | $107 | $2,193-95.1% | $2,922-96.3% | $2,597-95.9% |
| Participant deferral / active EE | $215 | $3,626-94.1% | $4,565-95.3% | $4,028-94.7% |
| Admin fee / account holder | $164 | $5,897-97.2% | $8,446-98.1% | $5,403-97.0% |