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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 | $219,064 | $155,555+40.8% | $146,866+49.2% | $155,188+41.2% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.5%-32.5pp | 80.8%-30.8pp |
| Annual return | 29.39% | 115.41%-86.0pp | 102.85%-73.5pp | 148.84%-119.4pp |
| Employer contribution / active EE | $367 | $4,647-92.1% | $4,425-91.7% | $4,248-91.4% |
| Participant deferral / active EE | $549 | $8,044-93.2% | $7,759-92.9% | $6,531-91.6% |
| Admin fee / account holder | $0 | $14,755-100.0% | $13,620-100.0% | $14,480-100.0% |