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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 | $51,656 | $86,298-40.1% | $111,308-53.6% | $85,847-39.8% |
| Participation rate | 8.3% | 73.3%-65.0pp | 77.3%-69.0pp | 69.3%-61.0pp |
| Annual return | 12.37% | 19.99%-7.6pp | 54.67%-42.3pp | 318.61%-306.2pp |
| Employer contribution / active EE | $0 | $2,044-100.0% | $2,732-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $133 | $3,641-96.4% | $4,487-97.0% | $3,952-96.6% |
| Admin fee / account holder | $167 | $8,189-98.0% | $7,965-97.9% | $6,261-97.3% |