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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 | $21,049 | $88,707-76.3% | $74,184-71.6% | $273,972-92.3% |
| Participation rate | 29.2% | 79.4%-50.3pp | 76.6%-47.5pp | 83.0%-53.8pp |
| Annual return | 8.50% | 11.94%-3.4pp | 17.74%-9.2pp | 41.46%-33.0pp |
| Employer contribution / active EE | $437 | $3,159-86.2% | $2,370-81.6% | $4,869-91.0% |
| Participant deferral / active EE | $896 | $4,212-78.7% | $3,550-74.8% | $5,287-83.1% |
| Admin fee / account holder | $165 | $8,717-98.1% | $5,586-97.0% | $10,133-98.4% |