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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.
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,939 | $97,550-55.0% | $120,344-63.5% | $87,485-49.8% |
| Participation rate | 33.3% | 72.8%-39.5pp | 76.7%-43.4pp | 68.9%-35.6pp |
| Annual return | 10.63% | 18.41%-7.8pp | 20.30%-9.7pp | 26.06%-15.4pp |
| Employer contribution / active EE | $0 | $2,291-100.0% | $3,020-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,191 | $4,230-71.8% | $5,135-76.8% | $4,274-72.1% |
| Admin fee / account holder | $242 | $9,543-97.5% | $12,742-98.1% | $7,775-96.9% |