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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 | $4,840 | $47,105-89.7% | $68,368-92.9% | $67,986-92.9% |
| Participation rate | 17.4% | 51.8%-34.4pp | 73.8%-56.4pp | 57.2%-39.8pp |
| Annual return | 17.95% | 48.37%-30.4pp | 292.57%-274.6pp | 31.67%-13.7pp |
| Employer contribution / active EE | $79 | $1,859-95.8% | $2,649-97.0% | $2,019-96.1% |
| Participant deferral / active EE | $225 | $2,374-90.5% | $4,123-94.5% | $3,358-93.3% |
| Admin fee / account holder | $277 | $2,435-88.6% | $5,150-94.6% | $3,203-91.4% |