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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 | $21,609 | $75,962-71.6% | $154,108-86.0% | $64,173-66.3% |
| Participation rate | 8.6% | 70.4%-61.8pp | 83.0%-74.5pp | 69.6%-61.0pp |
| Annual return | -6.74% | 30.32%-37.1pp | 735.21%-741.9pp | 7.63%-14.4pp |
| Employer contribution / active EE | $72 | $3,350-97.9% | $5,298-98.6% | $2,381-97.0% |
| Participant deferral / active EE | $72 | $3,175-97.7% | $5,081-98.6% | $3,470-97.9% |
| Admin fee / account holder | $267 | $5,589-95.2% | $13,411-98.0% | $4,887-94.5% |