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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 | $56,491 | $135,956-58.4% | $123,894-54.4% | $273,970-79.4% |
| Participation rate | 50.0% | 84.1%-34.1pp | 81.4%-31.4pp | 83.0%-33.0pp |
| Annual return | 7.96% | 56.63%-48.7pp | 47.52%-39.6pp | 41.46%-33.5pp |
| Employer contribution / active EE | $708 | $5,170-86.3% | $4,617-84.7% | $4,869-85.5% |
| Participant deferral / active EE | $708 | $6,343-88.8% | $5,984-88.2% | $5,287-86.6% |
| Admin fee / account holder | -$24 | $9,817-100.2% | $8,357-100.3% | $10,132-100.2% |