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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 | $13,223 | $42,383-68.8% | $76,518-82.7% | $64,173-79.4% |
| Participation rate | 14.0% | 58.1%-44.2pp | 68.0%-54.0pp | 69.6%-55.6pp |
| Annual return | -9.80% | -16.54%+6.7pp | -0.27%-9.5pp | 7.63%-17.4pp |
| Employer contribution / active EE | $228 | $1,563-85.4% | $2,647-91.4% | $2,381-90.4% |
| Participant deferral / active EE | $589 | $2,566-77.1% | $3,836-84.7% | $3,470-83.0% |
| Admin fee / account holder | $48 | $3,198-98.5% | $4,849-99.0% | $4,887-99.0% |