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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 | $29,787 | $115,903-74.3% | $100,528-70.4% | $158,966-81.3% |
| Participation rate | 17.4% | 81.6%-64.2pp | 79.4%-62.0pp | 82.0%-64.6pp |
| Annual return | 20.10% | 34.80%-14.7pp | 30.90%-10.8pp | 302.95%-282.8pp |
| Employer contribution / active EE | $242 | $4,105-94.1% | $3,419-92.9% | $4,762-94.9% |
| Participant deferral / active EE | $562 | $6,677-91.6% | $6,271-91.0% | $5,983-90.6% |
| Admin fee / account holder | $0 | $11,000-100.0% | $8,084-100.0% | $11,250-100.0% |