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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 | $40,099 | $41,377-3.1% | $109,313-63.3% | $62,881-36.2% |
| Participation rate | 56.7% | 57.5%-0.9pp | 71.3%-14.6pp | 69.3%-12.6pp |
| Annual return | 5.01% | 11.05%-6.0pp | 22.07%-17.1pp | 20.14%-15.1pp |
| Employer contribution / active EE | $604 | $1,276-52.7% | $3,892-84.5% | $2,281-73.5% |
| Participant deferral / active EE | $1,365 | $2,045-33.2% | $3,166-56.9% | $3,203-57.4% |
| Admin fee / account holder | $263 | $2,884-90.9% | $5,666-95.4% | $4,296-93.9% |