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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 | $34,120 | $76,550-55.4% | $123,894-72.5% | $62,881-45.7% |
| Participation rate | 35.2% | 73.0%-37.8pp | 81.4%-46.2pp | 69.3%-34.1pp |
| Annual return | 0.46% | 18.67%-18.2pp | 47.52%-47.1pp | 20.14%-19.7pp |
| Employer contribution / active EE | $844 | $2,882-70.7% | $4,617-81.7% | $2,281-63.0% |
| Participant deferral / active EE | $1,392 | $4,840-71.2% | $5,984-76.7% | $3,203-56.5% |
| Admin fee / account holder | $124 | $4,826-97.4% | $8,357-98.5% | $4,296-97.1% |