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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 | $42,554 | $81,446-47.8% | $103,374-58.8% | $80,874-47.4% |
| Participation rate | 27.6% | 66.9%-39.3pp | 74.5%-46.9pp | 67.6%-40.1pp |
| Annual return | 5.37% | 25.57%-20.2pp | 24.89%-19.5pp | 35.62%-30.2pp |
| Employer contribution / active EE | $0 | $3,107-100.0% | $3,869-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $604 | $3,870-84.4% | $5,058-88.1% | $4,297-85.9% |
| Admin fee / account holder | $223 | $6,715-96.7% | $8,394-97.3% | $6,935-96.8% |