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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 | $50,809 | $71,353-28.8% | $92,805-45.3% | $86,983-41.6% |
| Participation rate | 58.3% | 80.9%-22.5pp | 83.5%-25.2pp | 69.5%-11.2pp |
| Annual return | 21.99% | 44.68%-22.7pp | 31.59%-9.6pp | 25.83%-3.8pp |
| Employer contribution / active EE | $0 | $2,468-100.0% | $3,424-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $7,942 | $6,966+14.0% | $8,448-6.0% | $4,194+89.4% |
| Admin fee / account holder | $0 | $6,099-100.0% | $10,911-100.0% | $7,856-100.0% |