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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 | $18,956 | $154,228-87.7% | $145,433-87.0% | $137,256-86.2% |
| Participation rate | 21.4% | 83.8%-62.4pp | 82.1%-60.7pp | 80.0%-58.5pp |
| Annual return | 21.04% | 74.59%-53.5pp | 66.58%-45.5pp | 220.34%-199.3pp |
| Employer contribution / active EE | $324 | $4,804-93.3% | $4,554-92.9% | $4,156-92.2% |
| Participant deferral / active EE | $1,136 | $8,216-86.2% | $7,897-85.6% | $6,407-82.3% |
| Admin fee / account holder | $76 | $14,344-99.5% | $13,129-99.4% | $12,270-99.4% |