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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 | $19,344 | $47,848-59.6% | $81,473-76.3% | $70,126-72.4% |
| Participation rate | 6.6% | 58.3%-51.7pp | 68.0%-61.4pp | 69.5%-63.0pp |
| Annual return | 12.24% | 27.25%-15.0pp | 38.78%-26.5pp | 73.15%-60.9pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $84 | $2,453-96.6% | $3,537-97.6% | $3,332-97.5% |
| Admin fee / account holder | $262 | $3,145-91.7% | $4,561-94.3% | $4,645-94.4% |