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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 | $56,575 | $93,346-39.4% | $71,796-21.2% | $273,972-79.4% |
| Participation rate | 27.3% | 76.5%-49.3pp | 69.1%-41.8pp | 83.0%-55.7pp |
| Annual return | 4.84% | 130.39%-125.5pp | 78.04%-73.2pp | 41.46%-36.6pp |
| Employer contribution / active EE | $0 | $2,733-100.0% | $1,924-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $678 | $3,475-80.5% | $2,794-75.7% | $5,287-87.2% |
| Admin fee / account holder | $30 | $6,571-99.5% | $4,815-99.4% | $10,133-99.7% |