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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 | $63,960 | $102,393-37.5% | $147,041-56.5% | $80,911-21.0% |
| Participation rate | 27.3% | 75.9%-48.6pp | 82.2%-54.9pp | 67.6%-40.4pp |
| Annual return | 12.28% | 134.95%-122.7pp | 419.21%-406.9pp | 35.63%-23.4pp |
| Employer contribution / active EE | $765 | $3,715-79.4% | $4,935-84.5% | $2,756-72.2% |
| Participant deferral / active EE | $2,003 | $6,647-69.9% | $8,071-75.2% | $4,297-53.4% |
| Admin fee / account holder | $52 | $7,943-99.4% | $13,006-99.6% | $6,935-99.3% |