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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 | $21,429 | $56,544-62.1% | $75,501-71.6% | $70,126-69.4% |
| Participation rate | 63.3% | 68.1%-4.8pp | 72.4%-9.0pp | 69.5%-6.2pp |
| Annual return | 5.68% | 23.59%-17.9pp | 27.35%-21.7pp | 73.15%-67.5pp |
| Employer contribution / active EE | $134 | $1,817-92.6% | $2,352-94.3% | $2,343-94.3% |
| Participant deferral / active EE | $981 | $2,580-62.0% | $3,142-68.8% | $3,332-70.5% |
| Admin fee / account holder | $182 | $3,827-95.2% | $5,801-96.9% | $4,645-96.1% |