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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 | $49,708 | $60,349-17.6% | $74,184-33.0% | $62,881-20.9% |
| Participation rate | 61.5% | 72.7%-11.2pp | 76.6%-15.1pp | 69.3%-7.8pp |
| Annual return | 9.00% | 21.38%-12.4pp | 17.74%-8.7pp | 20.14%-11.1pp |
| Employer contribution / active EE | $0 | $1,680-100.0% | $2,370-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,979 | $2,856-30.7% | $3,550-44.3% | $3,203-38.2% |
| Admin fee / account holder | $145 | $4,261-96.6% | $5,586-97.4% | $4,296-96.6% |