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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 | $17,855 | $90,530-80.3% | $76,030-76.5% | $145,897-87.8% |
| Participation rate | 21.7% | 74.4%-52.7pp | 69.1%-47.3pp | 80.3%-58.6pp |
| Annual return | 14.22% | 625.08%-610.9pp | 361.54%-347.3pp | 552.29%-538.1pp |
| Employer contribution / active EE | $406 | $3,319-87.8% | $2,688-84.9% | $4,663-91.3% |
| Participant deferral / active EE | $599 | $5,164-88.4% | $4,257-85.9% | $6,689-91.0% |
| Admin fee / account holder | $20 | $8,383-99.8% | $6,421-99.7% | $13,390-99.9% |