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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 | $31,088 | $111,535-72.1% | $105,223-70.5% | $137,256-77.4% |
| Participation rate | 20.0% | 78.1%-58.1pp | 75.0%-55.0pp | 80.0%-60.0pp |
| Annual return | 166.10% | 237.85%-71.8pp | 180.65%-14.5pp | 220.34%-54.2pp |
| Employer contribution / active EE | $416 | $3,939-89.5% | $3,689-88.7% | $4,156-90.0% |
| Participant deferral / active EE | $975 | $5,500-82.3% | $5,072-80.8% | $6,407-84.8% |
| Admin fee / account holder | $105 | $9,721-98.9% | $8,859-98.8% | $12,270-99.1% |