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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 | $22,720 | $93,064-75.6% | $74,577-69.5% | $273,972-91.7% |
| Participation rate | 20.8% | 74.9%-54.1pp | 68.1%-47.3pp | 83.0%-62.2pp |
| Annual return | 6.72% | 26.18%-19.5pp | 20.47%-13.7pp | 41.46%-34.7pp |
| Employer contribution / active EE | $498 | $3,160-84.2% | $2,525-80.3% | $4,869-89.8% |
| Participant deferral / active EE | $1,721 | $4,160-58.6% | $3,458-50.2% | $5,287-67.4% |
| Admin fee / account holder | $233 | $5,273-95.6% | $4,138-94.4% | $10,133-97.7% |