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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 | $35,332 | $76,551-53.8% | $123,894-71.5% | $62,881-43.8% |
| Participation rate | 57.6% | 73.0%-15.4pp | 81.4%-23.8pp | 69.3%-11.7pp |
| Annual return | 2.82% | 18.68%-15.9pp | 47.52%-44.7pp | 20.14%-17.3pp |
| Employer contribution / active EE | $891 | $2,882-69.1% | $4,617-80.7% | $2,281-60.9% |
| Participant deferral / active EE | $1,924 | $4,840-60.2% | $5,984-67.9% | $3,203-39.9% |
| Admin fee / account holder | $167 | $4,826-96.5% | $8,357-98.0% | $4,296-96.1% |