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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 | $58,658 | $76,834-23.7% | $108,359-45.9% | $87,485-33.0% |
| Participation rate | 44.0% | 61.7%-17.7pp | 70.1%-26.1pp | 68.9%-24.9pp |
| Annual return | 32.18% | 19.09%+13.1pp | 36.89%-4.7pp | 26.06%+6.1pp |
| Employer contribution / active EE | $247 | $1,556-84.1% | $2,399-89.7% | $2,596-90.5% |
| Participant deferral / active EE | $657 | $3,100-78.8% | $4,137-84.1% | $4,274-84.6% |
| Admin fee / account holder | $103 | $6,537-98.4% | $9,741-98.9% | $7,775-98.7% |