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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 | $14,595 | $55,932-73.9% | $76,735-81.0% | $67,986-78.5% |
| Participation rate | 11.9% | 50.8%-38.9pp | 69.5%-57.6pp | 57.2%-45.3pp |
| Annual return | 24.23% | 23.10%+1.1pp | 29.77%-5.5pp | 31.67%-7.4pp |
| Employer contribution / active EE | $272 | $1,487-81.7% | $2,454-88.9% | $2,019-86.5% |
| Participant deferral / active EE | $395 | $2,558-84.6% | $4,088-90.3% | $3,358-88.3% |
| Admin fee / account holder | $269 | $4,907-94.5% | $7,189-96.3% | $3,203-91.6% |