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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 | $56,966 | $77,638-26.6% | $156,551-63.6% | $62,881-9.4% |
| Participation rate | 26.5% | 71.2%-44.7pp | 84.0%-57.5pp | 69.3%-42.8pp |
| Annual return | 6.87% | 50.33%-43.5pp | 32.23%-25.4pp | 20.14%-13.3pp |
| Employer contribution / active EE | $976 | $3,444-71.7% | $5,501-82.3% | $2,281-57.2% |
| Participant deferral / active EE | $2,903 | $3,046-4.7% | $4,871-40.4% | $3,203-9.4% |
| Admin fee / account holder | $228 | $5,561-95.9% | $13,028-98.2% | $4,296-94.7% |