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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 | $27,764 | $76,551-63.7% | $123,894-77.6% | $62,881-55.8% |
| Participation rate | 47.6% | 73.0%-25.4pp | 81.4%-33.8pp | 69.3%-21.7pp |
| Annual return | 5.22% | 18.68%-13.5pp | 47.52%-42.3pp | 20.14%-14.9pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $4,617-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,065 | $4,840-78.0% | $5,984-82.2% | $3,203-66.7% |
| Admin fee / account holder | $45 | $4,826-99.1% | $8,357-99.5% | $4,296-99.0% |