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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 | $41,180 | $102,385-59.8% | $147,080-72.0% | $80,935-49.1% |
| Participation rate | 30.4% | 75.9%-45.5pp | 82.2%-51.8pp | 67.7%-37.3pp |
| Annual return | 12.68% | 135.09%-122.4pp | 420.17%-407.5pp | 35.66%-23.0pp |
| Employer contribution / active EE | $376 | $3,717-89.9% | $4,933-92.4% | $2,757-86.4% |
| Participant deferral / active EE | $1,016 | $6,651-84.7% | $8,066-87.4% | $4,299-76.4% |
| Admin fee / account holder | $132 | $7,951-98.3% | $12,989-99.0% | $6,924-98.1% |