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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 | $11,321 | $78,690-85.6% | $161,489-93.0% | $87,485-87.1% |
| Participation rate | 22.7% | 67.5%-44.7pp | 78.7%-56.0pp | 68.9%-46.2pp |
| Annual return | 20.78% | 32.74%-12.0pp | 89.72%-68.9pp | 26.06%-5.3pp |
| Employer contribution / active EE | $40 | $2,588-98.4% | $4,268-99.1% | $2,596-98.5% |
| Participant deferral / active EE | $680 | $3,311-79.5% | $5,630-87.9% | $4,274-84.1% |
| Admin fee / account holder | $72 | $6,724-98.9% | $16,006-99.6% | $7,775-99.1% |