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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 | $55,303 | $126,113-56.1% | $116,096-52.4% | $155,188-64.4% |
| Participation rate | 45.8% | 75.1%-29.3pp | 73.3%-27.5pp | 80.8%-35.0pp |
| Annual return | 10.71% | 391.72%-381.0pp | 326.25%-315.5pp | 148.84%-138.1pp |
| Employer contribution / active EE | $0 | $2,672-100.0% | $2,503-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $373 | $4,162-91.0% | $3,952-90.6% | $6,531-94.3% |
| Admin fee / account holder | $285 | $8,045-96.5% | $7,704-96.3% | $14,480-98.0% |