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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 | $40,348 | $80,992-50.2% | $96,534-58.2% | $75,173-46.3% |
| Participation rate | 51.4% | 71.8%-20.4pp | 76.0%-24.6pp | 67.2%-15.9pp |
| Annual return | 8.58% | 27.05%-18.5pp | 25.88%-17.3pp | 160.72%-152.1pp |
| Employer contribution / active EE | $694 | $2,283-69.6% | $2,965-76.6% | $2,671-74.0% |
| Participant deferral / active EE | $1,300 | $3,929-66.9% | $4,851-73.2% | $4,126-68.5% |
| Admin fee / account holder | $0 | $6,717-100.0% | $8,253-100.0% | $5,651-100.0% |