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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 | $32,157 | $103,393-68.9% | $87,103-63.1% | $152,909-79.0% |
| Participation rate | 50.0% | 79.4%-29.4pp | 76.9%-26.9pp | 82.5%-32.5pp |
| Annual return | 0.00% | 28.10%-28.1pp | 28.19%-28.2pp | 345.46%-345.5pp |
| Employer contribution / active EE | $355 | $3,221-89.0% | $2,521-85.9% | $4,764-92.6% |
| Participant deferral / active EE | $1,420 | $4,778-70.3% | $4,049-64.9% | $5,851-75.7% |
| Admin fee / account holder | $8 | $12,195-99.9% | $7,491-99.9% | $11,601-99.9% |