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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 | $100,077 | $48,267+107.3% | $68,794+45.5% | $68,495+46.1% |
| Participation rate | 3.3% | 60.7%-57.3pp | 69.0%-65.7pp | 67.9%-64.6pp |
| Annual return | -18.69% | -12.70%-6.0pp | -6.37%-12.3pp | -7.84%-10.8pp |
| Employer contribution / active EE | $151 | $1,829-91.8% | $2,656-94.3% | $2,596-94.2% |
| Participant deferral / active EE | $289 | $2,867-89.9% | $3,941-92.7% | $4,028-92.8% |
| Admin fee / account holder | $0 | $4,362-100.0% | $4,934-100.0% | $5,403-100.0% |