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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 | $49,875 | $88,203-43.5% | $165,100-69.8% | $74,478-33.0% |
| Participation rate | 21.7% | 73.1%-51.4pp | 78.6%-56.9pp | 67.2%-45.5pp |
| Annual return | 15.03% | 17.13%-2.1pp | 70.21%-55.2pp | 1370.56%-1355.5pp |
| Employer contribution / active EE | $689 | $2,601-73.5% | $4,348-84.1% | $2,626-73.8% |
| Participant deferral / active EE | $1,934 | $4,505-57.1% | $6,035-68.0% | $4,350-55.5% |
| Admin fee / account holder | $19 | $2,235-99.1% | $12,696-99.8% | $1,946-99.0% |