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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 | $25,319 | $73,955-65.8% | $96,520-73.8% | $75,181-66.3% |
| Participation rate | 12.0% | 66.4%-54.4pp | 74.3%-62.3pp | 67.2%-55.2pp |
| Annual return | 38.72% | 26.72%+12.0pp | 35.72%+3.0pp | 160.69%-122.0pp |
| Employer contribution / active EE | $651 | $2,930-77.8% | $3,739-82.6% | $2,671-75.6% |
| Participant deferral / active EE | $1,112 | $3,659-69.6% | $4,879-77.2% | $4,126-73.1% |
| Admin fee / account holder | $22 | $5,217-99.6% | $6,733-99.7% | $5,650-99.6% |