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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 | $43,023 | $99,345-56.7% | $84,753-49.2% | $273,972-84.3% |
| Participation rate | 45.0% | 80.7%-35.7pp | 76.6%-31.6pp | 83.0%-38.0pp |
| Annual return | 8.12% | 22.93%-14.8pp | 22.78%-14.7pp | 41.46%-33.3pp |
| Employer contribution / active EE | $1,213 | $4,214-71.2% | $3,574-66.1% | $4,869-75.1% |
| Participant deferral / active EE | $2,795 | $4,270-34.5% | $3,712-24.7% | $5,287-47.1% |
| Admin fee / account holder | $3 | $6,645-99.9% | $5,333-99.9% | $10,133-100.0% |