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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 | $29,433 | $127,096-76.8% | $105,736-72.2% | $135,380-78.3% |
| Participation rate | 13.6% | 82.7%-69.1pp | 76.3%-62.7pp | 82.6%-69.0pp |
| Annual return | -6.85% | 4.49%-11.3pp | 6.27%-13.1pp | 519.81%-526.7pp |
| Employer contribution / active EE | $333 | $4,107-91.9% | $3,268-89.8% | $4,779-93.0% |
| Participant deferral / active EE | $417 | $5,064-91.8% | $4,080-89.8% | $5,609-92.6% |
| Admin fee / account holder | $116 | $9,087-98.7% | $6,913-98.3% | $10,828-98.9% |