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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,673 | $72,177-56.1% | $115,038-72.5% | $59,633-46.9% |
| Participation rate | 22.2% | 72.6%-50.3pp | 81.4%-59.1pp | 68.7%-46.4pp |
| Annual return | -2.74% | 12.02%-14.8pp | 26.14%-28.9pp | 2041.45%-2044.2pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $4,608-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $2,564 | $4,783-46.4% | $6,026-57.5% | $3,192-19.7% |
| Admin fee / account holder | $258 | $4,927-94.8% | $8,175-96.8% | $4,297-94.0% |