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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 | $13,566 | $43,075-68.5% | $74,577-81.8% | $62,881-78.4% |
| Participation rate | 36.7% | 58.1%-21.4pp | 68.1%-31.4pp | 69.3%-32.6pp |
| Annual return | 8.35% | 17.50%-9.2pp | 20.47%-12.1pp | 20.14%-11.8pp |
| Employer contribution / active EE | $552 | $1,498-63.2% | $2,525-78.2% | $2,281-75.8% |
| Participant deferral / active EE | $1,429 | $2,389-40.2% | $3,458-58.7% | $3,203-55.4% |
| Admin fee / account holder | $225 | $2,840-92.1% | $4,138-94.6% | $4,296-94.8% |