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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 | $77,880 | $93,098-16.3% | $77,081+1.0% | $134,509-42.1% |
| Participation rate | 14.3% | 74.5%-60.2pp | 67.9%-53.6pp | 81.2%-66.9pp |
| Annual return | -17.85% | 62.63%-80.5pp | 42.33%-60.2pp | 418.13%-436.0pp |
| Employer contribution / active EE | $343 | $3,419-90.0% | $2,813-87.8% | $4,741-92.8% |
| Participant deferral / active EE | $765 | $5,239-85.4% | $4,428-82.7% | $6,400-88.0% |
| Admin fee / account holder | $20 | $6,945-99.7% | $5,427-99.6% | $11,427-99.8% |