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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 | $26,770 | $56,894-52.9% | $84,753-68.4% | $62,881-57.4% |
| Participation rate | 48.6% | 68.5%-20.0pp | 76.6%-28.0pp | 69.3%-20.7pp |
| Annual return | 6.88% | 6.30%+0.6pp | 22.78%-15.9pp | 20.14%-13.3pp |
| Employer contribution / active EE | $749 | $2,400-68.8% | $3,574-79.1% | $2,281-67.2% |
| Participant deferral / active EE | $1,229 | $2,709-54.6% | $3,712-66.9% | $3,203-61.6% |
| Admin fee / account holder | $37 | $3,581-99.0% | $5,333-99.3% | $4,296-99.1% |