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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 | $35,308 | $95,417-63.0% | $135,974-74.0% | $74,460-52.6% |
| Participation rate | 21.1% | 78.2%-57.1pp | 81.9%-60.8pp | 70.7%-49.6pp |
| Annual return | 43.30% | 32.76%+10.5pp | 68.30%-25.0pp | 34.38%+8.9pp |
| Employer contribution / active EE | $597 | $3,878-84.6% | $4,859-87.7% | $2,638-77.4% |
| Participant deferral / active EE | $1,061 | $7,789-86.4% | $7,760-86.3% | $4,530-76.6% |
| Admin fee / account holder | $156 | $266-41.3% | $10,767-98.5% | $348-55.1% |