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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 | $36,996 | $46,877-21.1% | $122,354-69.8% | $70,126-47.2% |
| Participation rate | 6.7% | 58.2%-51.5pp | 71.6%-65.0pp | 69.5%-62.9pp |
| Annual return | 15.55% | 24.22%-8.7pp | 30.28%-14.7pp | 73.15%-57.6pp |
| Employer contribution / active EE | $201 | $1,288-84.4% | $4,051-95.0% | $2,343-91.4% |
| Participant deferral / active EE | $96 | $2,167-95.6% | $3,287-97.1% | $3,332-97.1% |
| Admin fee / account holder | $32 | $3,324-99.1% | $5,479-99.4% | $4,645-99.3% |