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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 | $12,487 | $43,338-71.2% | $59,887-79.1% | $64,173-80.5% |
| Participation rate | 22.6% | 69.2%-46.6pp | 74.7%-52.1pp | 69.6%-47.0pp |
| Annual return | -11.32% | -1.55%-9.8pp | 3.46%-14.8pp | 7.63%-19.0pp |
| Employer contribution / active EE | $0 | $2,030-100.0% | $2,722-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $528 | $2,547-79.3% | $3,402-84.5% | $3,470-84.8% |
| Admin fee / account holder | $286 | $3,007-90.5% | $3,591-92.0% | $4,887-94.1% |