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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 | $35,479 | $76,551-53.7% | $123,894-71.4% | $62,881-43.6% |
| Participation rate | 65.6% | 73.0%-7.4pp | 81.4%-15.8pp | 69.3%-3.7pp |
| Annual return | 2.61% | 18.68%-16.1pp | 47.52%-44.9pp | 20.14%-17.5pp |
| Employer contribution / active EE | $534 | $2,882-81.5% | $4,617-88.4% | $2,281-76.6% |
| Participant deferral / active EE | $1,068 | $4,840-77.9% | $5,984-82.1% | $3,203-66.6% |
| Admin fee / account holder | $286 | $4,826-94.1% | $8,357-96.6% | $4,296-93.4% |