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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 | $38,278 | $93,346-59.0% | $71,796-46.7% | $273,972-86.0% |
| Participation rate | 8.3% | 76.5%-68.2pp | 69.1%-60.8pp | 83.0%-74.7pp |
| Annual return | 2.58% | 130.39%-127.8pp | 78.04%-75.5pp | 41.46%-38.9pp |
| Employer contribution / active EE | $34 | $2,733-98.8% | $1,924-98.2% | $4,869-99.3% |
| Participant deferral / active EE | $465 | $3,475-86.6% | $2,794-83.4% | $5,287-91.2% |
| Admin fee / account holder | $0 | $6,571-100.0% | $4,815-100.0% | $10,133-100.0% |