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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 | $67,938 | $96,558-29.6% | $80,977-16.1% | $273,972-75.2% |
| Participation rate | 55.0% | 79.1%-24.1pp | 75.8%-20.8pp | 83.0%-28.0pp |
| Annual return | 2.97% | 15.14%-12.2pp | 17.11%-14.1pp | 41.46%-38.5pp |
| Employer contribution / active EE | $907 | $4,869-81.4% | $3,715-75.6% | $4,869-81.4% |
| Participant deferral / active EE | $2,194 | $6,598-66.7% | $5,696-61.5% | $5,287-58.5% |
| Admin fee / account holder | $77 | $7,493-99.0% | $5,517-98.6% | $10,133-99.2% |