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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 | $14,877 | $49,177-69.7% | $79,467-81.3% | $64,173-76.8% |
| Participation rate | 30.0% | 65.0%-35.0pp | 73.3%-43.3pp | 69.6%-39.6pp |
| Annual return | -8.32% | -1.16%-7.2pp | 718.30%-726.6pp | 7.63%-15.9pp |
| Employer contribution / active EE | $0 | $2,076-100.0% | $2,800-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $418 | $2,821-85.2% | $3,704-88.7% | $3,470-88.0% |
| Admin fee / account holder | $264 | $3,839-93.1% | $5,104-94.8% | $4,887-94.6% |