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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 | $11,545 | $77,920-85.2% | $149,723-92.3% | $75,177-84.6% |
| Participation rate | 27.5% | 65.6%-38.1pp | 78.8%-51.3pp | 67.2%-39.7pp |
| Annual return | 15.58% | 31.72%-16.1pp | 134.50%-118.9pp | 160.75%-145.2pp |
| Employer contribution / active EE | $92 | $3,138-97.1% | $4,821-98.1% | $2,671-96.6% |
| Participant deferral / active EE | $557 | $3,411-83.7% | $5,682-90.2% | $4,126-86.5% |
| Admin fee / account holder | $21 | $5,951-99.6% | $13,215-99.8% | $5,651-99.6% |