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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 | $32,367 | $76,551-57.7% | $123,894-73.9% | $62,881-48.5% |
| Participation rate | 42.9% | 73.0%-30.1pp | 81.4%-38.6pp | 69.3%-26.4pp |
| Annual return | 5.33% | 18.68%-13.3pp | 47.52%-42.2pp | 20.14%-14.8pp |
| Employer contribution / active EE | $829 | $2,882-71.3% | $4,617-82.1% | $2,281-63.7% |
| Participant deferral / active EE | $1,697 | $4,840-64.9% | $5,984-71.6% | $3,203-47.0% |
| Admin fee / account holder | $138 | $4,826-97.1% | $8,357-98.4% | $4,296-96.8% |