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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 | $25,487 | $41,377-38.4% | $109,313-76.7% | $62,881-59.5% |
| Participation rate | 40.8% | 57.5%-16.8pp | 71.3%-30.5pp | 69.3%-28.5pp |
| Annual return | 9.56% | 11.05%-1.5pp | 22.07%-12.5pp | 20.14%-10.6pp |
| Employer contribution / active EE | $246 | $1,276-80.7% | $3,892-93.7% | $2,281-89.2% |
| Participant deferral / active EE | $1,108 | $2,045-45.8% | $3,166-65.0% | $3,203-65.4% |
| Admin fee / account holder | $202 | $2,884-93.0% | $5,666-96.4% | $4,296-95.3% |