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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 | $8,237 | $57,590-85.7% | $86,233-90.4% | $82,448-90.0% |
| Participation rate | 10.0% | 57.9%-47.9pp | 69.0%-59.0pp | 68.1%-58.1pp |
| Annual return | 20.32% | 22.41%-2.1pp | 61.39%-41.1pp | 41.64%-21.3pp |
| Employer contribution / active EE | $0 | $1,655-100.0% | $2,504-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $224 | $3,080-92.7% | $4,559-95.1% | $4,139-94.6% |
| Admin fee / account holder | $0 | $4,730-100.0% | $8,342-100.0% | $7,234-100.0% |