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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 | $24,032 | $48,078-50.0% | $78,676-69.5% | $62,881-61.8% |
| Participation rate | 20.7% | 65.2%-44.5pp | 73.6%-52.9pp | 69.3%-48.6pp |
| Annual return | 11.83% | 31.36%-19.5pp | 62.19%-50.4pp | 20.14%-8.3pp |
| Employer contribution / active EE | $0 | $2,015-100.0% | $2,850-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $0 | $2,587-100.0% | $3,517-100.0% | $3,203-100.0% |
| Admin fee / account holder | $0 | $3,206-100.0% | $4,510-100.0% | $4,296-100.0% |