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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 | $18,100 | $45,082-59.9% | $69,464-73.9% | $72,975-75.2% |
| Participation rate | 24.1% | 68.5%-44.4pp | 74.6%-50.5pp | 69.5%-45.4pp |
| Annual return | 23.33% | 22.66%+0.7pp | 28.98%-5.7pp | 81.01%-57.7pp |
| Employer contribution / active EE | $0 | $2,055-100.0% | $2,779-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $708 | $2,604-72.8% | $3,536-80.0% | $3,608-80.4% |
| Admin fee / account holder | $29 | $3,057-99.0% | $3,840-99.2% | $5,124-99.4% |