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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 | $29,716 | $29,733-0.1% | $56,025-47.0% | $80,959-63.3% |
| Participation rate | 4.3% | 41.7%-37.5pp | 52.5%-48.3pp | 67.7%-63.4pp |
| Annual return | 10.65% | 35.28%-24.6pp | 1712.69%-1702.0pp | 35.67%-25.0pp |
| Employer contribution / active EE | $42 | $672-93.7% | $1,042-95.9% | $2,757-98.5% |
| Participant deferral / active EE | $74 | $1,229-94.0% | $1,955-96.2% | $4,300-98.3% |
| Admin fee / account holder | $248 | $2,434-89.8% | $2,828-91.2% | $6,925-96.4% |