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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 | $26,869 | $89,370-69.9% | $141,197-81.0% | $72,976-63.2% |
| Participation rate | 42.1% | 75.1%-33.0pp | 82.5%-40.4pp | 69.5%-27.4pp |
| Annual return | 21.32% | 111.88%-90.6pp | 71.41%-50.1pp | 81.02%-59.7pp |
| Employer contribution / active EE | $214 | $3,115-93.1% | $4,736-95.5% | $2,440-91.2% |
| Participant deferral / active EE | $1,207 | $5,419-77.7% | $6,710-82.0% | $3,608-66.5% |
| Admin fee / account holder | $165 | $5,957-97.2% | $10,265-98.4% | $5,124-96.8% |