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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 | $26,693 | $135,956-80.4% | $123,894-78.5% | $273,972-90.3% |
| Participation rate | 33.3% | 84.1%-50.7pp | 81.4%-48.1pp | 83.0%-49.7pp |
| Annual return | 10.47% | 56.63%-46.2pp | 47.52%-37.0pp | 41.46%-31.0pp |
| Employer contribution / active EE | $144 | $5,170-97.2% | $4,617-96.9% | $4,869-97.0% |
| Participant deferral / active EE | $144 | $6,343-97.7% | $5,984-97.6% | $5,287-97.3% |
| Admin fee / account holder | $163 | $9,817-98.3% | $8,357-98.0% | $10,133-98.4% |