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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 | $54,144 | $117,904-54.1% | $102,457-47.2% | $145,978-62.9% |
| Participation rate | 28.6% | 78.6%-50.0pp | 76.5%-47.9pp | 80.3%-51.7pp |
| Annual return | 13.38% | 31.80%-18.4pp | 29.41%-16.0pp | 550.52%-537.1pp |
| Employer contribution / active EE | $784 | $3,613-78.3% | $3,022-74.1% | $4,662-83.2% |
| Participant deferral / active EE | $989 | $5,733-82.7% | $5,054-80.4% | $6,690-85.2% |
| Admin fee / account holder | $20 | $13,329-99.8% | $9,451-99.8% | $13,400-99.9% |