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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 | $57,787 | $197,625-70.8% | $177,840-67.5% | $158,966-63.6% |
| Participation rate | 40.0% | 88.5%-48.5pp | 87.7%-47.7pp | 82.0%-42.0pp |
| Annual return | 29.16% | 58.76%-29.6pp | 48.32%-19.2pp | 302.95%-273.8pp |
| Employer contribution / active EE | $702 | $6,698-89.5% | $5,919-88.1% | $4,762-85.3% |
| Participant deferral / active EE | $1,978 | $8,405-76.5% | $7,714-74.4% | $5,983-66.9% |
| Admin fee / account holder | $30 | $15,405-99.8% | $12,431-99.8% | $11,250-99.7% |