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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 | $19,009 | $148,623-87.2% | $135,974-86.0% | $139,466-86.4% |
| Participation rate | 33.3% | 83.9%-50.5pp | 81.9%-48.6pp | 80.3%-47.0pp |
| Annual return | 21.21% | 79.30%-58.1pp | 68.30%-47.1pp | 373.66%-352.5pp |
| Employer contribution / active EE | $720 | $5,246-86.3% | $4,859-85.2% | $4,754-84.9% |
| Participant deferral / active EE | $900 | $8,103-88.9% | $7,760-88.4% | $6,712-86.6% |
| Admin fee / account holder | $237 | $12,406-98.1% | $10,767-97.8% | $11,409-97.9% |