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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 | $47,410 | $56,894-16.7% | $84,753-44.1% | $62,881-24.6% |
| Participation rate | 28.0% | 68.5%-40.5pp | 76.6%-48.6pp | 69.3%-41.3pp |
| Annual return | 3.33% | 6.30%-3.0pp | 22.78%-19.5pp | 20.14%-16.8pp |
| Employer contribution / active EE | $3,430 | $2,400+42.9% | $3,574-4.0% | $2,281+50.4% |
| Participant deferral / active EE | $0 | $2,709-100.0% | $3,712-100.0% | $3,203-100.0% |
| Admin fee / account holder | $258 | $3,581-92.8% | $5,333-95.2% | $4,296-94.0% |