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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 | $16,734 | $112,729-85.2% | $98,716-83.0% | $137,256-87.8% |
| Participation rate | 13.6% | 74.2%-60.6pp | 69.3%-55.7pp | 80.0%-66.3pp |
| Annual return | 23.42% | 38.48%-15.1pp | 31.81%-8.4pp | 220.34%-196.9pp |
| Employer contribution / active EE | $262 | $2,725-90.4% | $2,279-88.5% | $4,156-93.7% |
| Participant deferral / active EE | $1,102 | $4,640-76.2% | $4,048-72.8% | $6,407-82.8% |
| Admin fee / account holder | $46 | $10,129-99.5% | $8,703-99.5% | $12,270-99.6% |