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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 | $17,171 | $57,119-69.9% | $85,187-79.8% | $80,935-78.8% |
| Participation rate | 29.6% | 56.4%-26.8pp | 67.5%-37.9pp | 67.7%-38.0pp |
| Annual return | 8.78% | 21.70%-12.9pp | 66.67%-57.9pp | 35.66%-26.9pp |
| Employer contribution / active EE | $442 | $1,802-75.5% | $2,732-83.8% | $2,757-84.0% |
| Participant deferral / active EE | $742 | $3,115-76.2% | $4,525-83.6% | $4,299-82.7% |
| Admin fee / account holder | $279 | $4,990-94.4% | $6,162-95.5% | $6,924-96.0% |