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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 | $56,757 | $58,391-2.8% | $76,667-26.0% | $72,976-22.2% |
| Participation rate | 28.9% | 67.4%-38.4pp | 72.1%-43.2pp | 69.5%-40.5pp |
| Annual return | 6.44% | 2306.65%-2300.2pp | 1166.74%-1160.3pp | 81.02%-74.6pp |
| Employer contribution / active EE | $0 | $1,787-100.0% | $2,303-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,881 | $2,690-30.1% | $3,336-43.6% | $3,608-47.9% |
| Admin fee / account holder | $235 | $4,014-94.2% | $6,423-96.3% | $5,124-95.4% |