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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 | $25,062 | $106,749-76.5% | $145,433-82.8% | $82,448-69.6% |
| Participation rate | 23.1% | 75.6%-52.6pp | 82.1%-59.0pp | 68.1%-45.0pp |
| Annual return | 18.01% | 27.59%-9.6pp | 66.58%-48.6pp | 41.64%-23.6pp |
| Employer contribution / active EE | $0 | $3,444-100.0% | $4,554-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,040 | $6,519-84.0% | $7,897-86.8% | $4,139-74.9% |
| Admin fee / account holder | $164 | $8,390-98.0% | $13,129-98.7% | $7,234-97.7% |