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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 | $30,092 | $103,392-70.9% | $87,104-65.5% | $152,897-80.3% |
| Participation rate | 28.6% | 79.4%-50.8pp | 76.9%-48.3pp | 82.5%-53.9pp |
| Annual return | 14.35% | 28.10%-13.7pp | 28.19%-13.8pp | 345.43%-331.1pp |
| Employer contribution / active EE | $0 | $3,221-100.0% | $2,521-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $254 | $4,778-94.7% | $4,048-93.7% | $5,851-95.7% |
| Admin fee / account holder | $192 | $12,194-98.4% | $7,491-97.4% | $11,599-98.3% |