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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 | $35,631 | $60,349-41.0% | $74,184-52.0% | $62,881-43.3% |
| Participation rate | 58.5% | 72.7%-14.2pp | 76.6%-18.1pp | 69.3%-10.8pp |
| Annual return | 5.87% | 21.38%-15.5pp | 17.74%-11.9pp | 20.14%-14.3pp |
| Employer contribution / active EE | $576 | $1,680-65.7% | $2,370-75.7% | $2,281-74.7% |
| Participant deferral / active EE | $1,615 | $2,856-43.5% | $3,550-54.5% | $3,203-49.6% |
| Admin fee / account holder | $188 | $4,261-95.6% | $5,586-96.6% | $4,296-95.6% |