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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 | $51,090 | $135,956-62.4% | $123,894-58.8% | $273,972-81.4% |
| Participation rate | 23.5% | 84.1%-60.5pp | 81.4%-57.9pp | 83.0%-59.5pp |
| Annual return | 10.31% | 56.63%-46.3pp | 47.52%-37.2pp | 41.46%-31.1pp |
| Employer contribution / active EE | $359 | $5,170-93.1% | $4,617-92.2% | $4,869-92.6% |
| Participant deferral / active EE | $1,242 | $6,343-80.4% | $5,984-79.2% | $5,287-76.5% |
| Admin fee / account holder | $13 | $9,817-99.9% | $8,357-99.9% | $10,133-99.9% |