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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 | $32,002 | $57,590-44.4% | $86,233-62.9% | $82,448-61.2% |
| Participation rate | 20.0% | 57.9%-37.9pp | 69.0%-49.0pp | 68.1%-48.1pp |
| Annual return | 12.44% | 22.41%-10.0pp | 61.39%-48.9pp | 41.64%-29.2pp |
| Employer contribution / active EE | $357 | $1,655-78.4% | $2,504-85.8% | $2,551-86.0% |
| Participant deferral / active EE | $679 | $3,080-78.0% | $4,559-85.1% | $4,139-83.6% |
| Admin fee / account holder | $53 | $4,730-98.9% | $8,342-99.4% | $7,234-99.3% |