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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 | $50,231 | $112,729-55.4% | $98,716-49.1% | $137,256-63.4% |
| Participation rate | 31.3% | 74.2%-43.0pp | 69.3%-38.0pp | 80.0%-48.7pp |
| Annual return | 12.98% | 38.48%-25.5pp | 31.81%-18.8pp | 220.34%-207.4pp |
| Employer contribution / active EE | $159 | $2,725-94.2% | $2,279-93.0% | $4,156-96.2% |
| Participant deferral / active EE | $634 | $4,640-86.3% | $4,048-84.3% | $6,407-90.1% |
| Admin fee / account holder | $8 | $10,129-99.9% | $8,703-99.9% | $12,270-99.9% |