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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 | $17,922 | $52,279-65.7% | $89,400-80.0% | $79,858-77.6% |
| Participation rate | 27.6% | 57.5%-30.0pp | 68.0%-40.4pp | 69.6%-42.0pp |
| Annual return | 1.85% | 22.16%-20.3pp | 245.64%-243.8pp | 31.72%-29.9pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,586-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $593 | $2,740-78.4% | $3,890-84.8% | $3,740-84.1% |
| Admin fee / account holder | $265 | $3,356-92.1% | $4,882-94.6% | $5,306-95.0% |