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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 | $58,643 | $105,623-44.5% | $87,502-33.0% | $273,972-78.6% |
| Participation rate | 42.9% | 78.2%-35.3pp | 73.8%-31.0pp | 83.0%-40.2pp |
| Annual return | 3.85% | 12.26%-8.4pp | 12.21%-8.4pp | 41.46%-37.6pp |
| Employer contribution / active EE | $890 | $3,141-71.7% | $2,550-65.1% | $4,869-81.7% |
| Participant deferral / active EE | $2,865 | $3,601-20.4% | $3,149-9.0% | $5,287-45.8% |
| Admin fee / account holder | $113 | $4,781-97.6% | $4,221-97.3% | $10,133-98.9% |