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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $30,322 | $56,894-46.7% | $84,753-64.2% | $62,881-51.8% |
| Participation rate | 42.6% | 68.5%-26.0pp | 76.6%-34.0pp | 69.3%-26.8pp |
| Annual return | 4.26% | 6.30%-2.0pp | 22.78%-18.5pp | 20.14%-15.9pp |
| Employer contribution / active EE | $296 | $2,400-87.7% | $3,574-91.7% | $2,281-87.0% |
| Participant deferral / active EE | $1,254 | $2,709-53.7% | $3,712-66.2% | $3,203-60.8% |
| Admin fee / account holder | $280 | $3,581-92.2% | $5,333-94.7% | $4,296-93.5% |