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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 | $21,843 | $29,733-26.5% | $56,025-61.0% | $80,959-73.0% |
| Participation rate | 20.4% | 41.7%-21.3pp | 52.5%-32.1pp | 67.7%-47.3pp |
| Annual return | 10.19% | 35.28%-25.1pp | 1712.69%-1702.5pp | 35.67%-25.5pp |
| Employer contribution / active EE | $807 | $672+20.2% | $1,042-22.5% | $2,757-70.7% |
| Participant deferral / active EE | $166 | $1,229-86.5% | $1,955-91.5% | $4,300-96.2% |
| Admin fee / account holder | $114 | $2,434-95.3% | $2,828-96.0% | $6,925-98.4% |