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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 | $42,620 | $82,674-48.4% | $125,381-66.0% | $68,486-37.8% |
| Participation rate | 35.6% | 75.1%-39.4pp | 82.4%-46.8pp | 67.9%-32.3pp |
| Annual return | -12.85% | -5.97%-6.9pp | 572.31%-585.2pp | -7.85%-5.0pp |
| Employer contribution / active EE | $0 | $3,382-100.0% | $4,815-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,447 | $6,111-76.3% | $7,448-80.6% | $4,028-64.1% |
| Admin fee / account holder | $228 | $6,277-96.4% | $10,007-97.7% | $5,404-95.8% |