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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 | $33,297 | $56,894-41.5% | $84,753-60.7% | $62,881-47.0% |
| Participation rate | 55.0% | 68.5%-13.5pp | 76.6%-21.6pp | 69.3%-14.3pp |
| Annual return | 7.18% | 6.30%+0.9pp | 22.78%-15.6pp | 20.14%-13.0pp |
| Employer contribution / active EE | $1,324 | $2,400-44.8% | $3,574-62.9% | $2,281-41.9% |
| Participant deferral / active EE | $2,251 | $2,709-16.9% | $3,712-39.4% | $3,203-29.7% |
| Admin fee / account holder | $203 | $3,581-94.3% | $5,333-96.2% | $4,296-95.3% |