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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 | $15,412 | $52,279-70.5% | $89,400-82.8% | $79,858-80.7% |
| Participation rate | 21.7% | 57.5%-35.8pp | 68.0%-46.2pp | 69.6%-47.9pp |
| Annual return | 15.17% | 22.16%-7.0pp | 245.64%-230.5pp | 31.72%-16.5pp |
| Employer contribution / active EE | $161 | $1,572-89.8% | $2,586-93.8% | $2,471-93.5% |
| Participant deferral / active EE | $660 | $2,740-75.9% | $3,890-83.0% | $3,740-82.4% |
| Admin fee / account holder | $132 | $3,356-96.1% | $4,882-97.3% | $5,306-97.5% |