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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 | $20,403 | $48,284-57.7% | $67,524-69.8% | $80,911-74.8% |
| Participation rate | 25.5% | 66.4%-40.9pp | 72.9%-47.4pp | 67.6%-42.1pp |
| Annual return | 10.96% | 18.27%-7.3pp | 3519.41%-3508.4pp | 35.63%-24.7pp |
| Employer contribution / active EE | $0 | $2,021-100.0% | $2,734-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $501 | $2,927-82.9% | $4,001-87.5% | $4,297-88.3% |
| Admin fee / account holder | $202 | $3,688-94.5% | $4,001-94.9% | $6,935-97.1% |