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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 | $7,667 | $88,996-91.4% | $78,004-90.2% | $138,895-94.5% |
| Participation rate | 58.8% | 74.4%-15.5pp | 69.4%-10.6pp | 79.9%-21.1pp |
| Annual return | 16.08% | 28.03%-12.0pp | 31.07%-15.0pp | 145.39%-129.3pp |
| Employer contribution / active EE | $512 | $2,917-82.4% | $2,469-79.2% | $4,194-87.8% |
| Participant deferral / active EE | $674 | $4,724-85.7% | $4,092-83.5% | $6,396-89.5% |
| Admin fee / account holder | $34 | $8,807-99.6% | $7,578-99.5% | $12,562-99.7% |