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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,894 | $43,075-70.1% | $74,577-82.7% | $62,881-79.5% |
| Participation rate | 21.3% | 58.1%-36.8pp | 68.1%-46.9pp | 69.3%-48.1pp |
| Annual return | 9.26% | 17.50%-8.2pp | 20.47%-11.2pp | 20.14%-10.9pp |
| Employer contribution / active EE | $564 | $1,498-62.4% | $2,525-77.7% | $2,281-75.3% |
| Participant deferral / active EE | $1,281 | $2,389-46.4% | $3,458-63.0% | $3,203-60.0% |
| Admin fee / account holder | $57 | $2,840-98.0% | $4,138-98.6% | $4,296-98.7% |