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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 | $19,087 | $56,063-66.0% | $76,051-74.9% | $80,911-76.4% |
| Participation rate | 28.1% | 62.0%-33.9pp | 69.1%-41.0pp | 67.6%-39.5pp |
| Annual return | 80.81% | 20.54%+60.3pp | 360.42%-279.6pp | 35.63%+45.2pp |
| Employer contribution / active EE | $381 | $1,874-79.7% | $2,690-85.8% | $2,756-86.2% |
| Participant deferral / active EE | $879 | $3,052-71.2% | $4,257-79.4% | $4,297-79.6% |
| Admin fee / account holder | $130 | $5,240-97.5% | $6,416-98.0% | $6,935-98.1% |