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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 | $56,456 | $76,912-26.6% | $129,118-56.3% | $68,486-17.6% |
| Participation rate | 28.6% | 69.1%-40.6pp | 77.2%-48.7pp | 67.9%-39.3pp |
| Annual return | -11.55% | -9.78%-1.8pp | -10.94%-0.6pp | -7.85%-3.7pp |
| Employer contribution / active EE | $548 | $3,243-83.1% | $5,051-89.2% | $2,597-78.9% |
| Participant deferral / active EE | $642 | $4,732-86.4% | $6,539-90.2% | $4,028-84.1% |
| Admin fee / account holder | $121 | $6,638-98.2% | $14,305-99.2% | $5,404-97.8% |