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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 | $23,376 | $41,377-43.5% | $109,313-78.6% | $62,881-62.8% |
| Participation rate | 50.0% | 57.5%-7.5pp | 71.3%-21.3pp | 69.3%-19.3pp |
| Annual return | 6.11% | 11.05%-4.9pp | 22.07%-16.0pp | 20.14%-14.0pp |
| Employer contribution / active EE | $870 | $1,276-31.8% | $3,892-77.6% | $2,281-61.8% |
| Participant deferral / active EE | $2,178 | $2,045+6.5% | $3,166-31.2% | $3,203-32.0% |
| Admin fee / account holder | $222 | $2,884-92.3% | $5,666-96.1% | $4,296-94.8% |