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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 | $42,379 | $79,894-47.0% | $135,792-68.8% | $82,637-48.7% |
| Participation rate | 9.4% | 63.0%-53.6pp | 72.6%-63.2pp | 68.1%-58.7pp |
| Annual return | 13.34% | 17.20%-3.9pp | 25.96%-12.6pp | 53.51%-40.2pp |
| Employer contribution / active EE | $86 | $2,165-96.0% | $3,496-97.5% | $2,552-96.6% |
| Participant deferral / active EE | $114 | $3,194-96.4% | $4,759-97.6% | $4,126-97.2% |
| Admin fee / account holder | $151 | $6,434-97.6% | $12,266-98.8% | $7,339-97.9% |