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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 | $53,907 | $69,977-23.0% | $108,582-50.4% | $62,881-14.3% |
| Participation rate | 22.0% | 72.9%-50.9pp | 79.6%-57.6pp | 69.3%-47.4pp |
| Annual return | 6.49% | 10.73%-4.2pp | -51.70%+58.2pp | 20.14%-13.7pp |
| Employer contribution / active EE | $597 | $2,135-72.0% | $3,758-84.1% | $2,281-73.8% |
| Participant deferral / active EE | $1,971 | $3,165-37.7% | $4,311-54.3% | $3,203-38.5% |
| Admin fee / account holder | $30 | $5,076-99.4% | $7,645-99.6% | $4,296-99.3% |