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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 | $40,010 | $60,349-33.7% | $74,184-46.1% | $62,881-36.4% |
| Participation rate | 56.7% | 72.7%-16.0pp | 76.6%-19.9pp | 69.3%-12.6pp |
| Annual return | 7.11% | 21.38%-14.3pp | 17.74%-10.6pp | 20.14%-13.0pp |
| Employer contribution / active EE | $649 | $1,680-61.4% | $2,370-72.6% | $2,281-71.6% |
| Participant deferral / active EE | $1,521 | $2,856-46.7% | $3,550-57.1% | $3,203-52.5% |
| Admin fee / account holder | $233 | $4,261-94.5% | $5,586-95.8% | $4,296-94.6% |