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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 | $49,996 | $77,574-35.6% | $108,753-54.0% | $86,983-42.5% |
| Participation rate | 4.0% | 62.3%-58.3pp | 71.1%-67.1pp | 69.5%-65.5pp |
| Annual return | 13.52% | 18.42%-4.9pp | 37.47%-23.9pp | 25.83%-12.3pp |
| Employer contribution / active EE | $9 | $1,611-99.5% | $2,427-99.6% | $2,584-99.7% |
| Participant deferral / active EE | $173 | $3,128-94.5% | $4,115-95.8% | $4,194-95.9% |
| Admin fee / account holder | $0 | $6,529-100.0% | $10,320-100.0% | $7,856-100.0% |