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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 | $37,498 | $84,236-55.5% | $170,435-78.0% | $70,126-46.5% |
| Participation rate | 4.5% | 70.8%-66.3pp | 83.6%-79.1pp | 69.5%-65.0pp |
| Annual return | 13.40% | 23.06%-9.7pp | 205.94%-192.5pp | 73.15%-59.8pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $64 | $3,086-97.9% | $4,939-98.7% | $3,332-98.1% |
| Admin fee / account holder | $0 | $5,698-100.0% | $13,881-100.0% | $4,645-100.0% |