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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 | $16,421 | $73,863-77.8% | $143,797-88.6% | $68,490-76.0% |
| Participation rate | 19.7% | 66.7%-46.9pp | 80.3%-60.6pp | 67.9%-48.2pp |
| Annual return | -20.49% | 0.91%-21.4pp | -0.04%-20.4pp | -7.85%-12.6pp |
| Employer contribution / active EE | $0 | $3,185-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $859 | $3,385-74.6% | $5,638-84.8% | $4,028-78.7% |
| Admin fee / account holder | $0 | $5,756-100.0% | $14,679-100.0% | $5,403-100.0% |