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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 | $47,376 | $56,894-16.7% | $84,753-44.1% | $62,881-24.7% |
| Participation rate | 42.9% | 68.5%-25.7pp | 76.6%-33.7pp | 69.3%-26.4pp |
| Annual return | 7.39% | 6.30%+1.1pp | 22.78%-15.4pp | 20.14%-12.8pp |
| Employer contribution / active EE | $754 | $2,400-68.6% | $3,574-78.9% | $2,281-67.0% |
| Participant deferral / active EE | $1,886 | $2,709-30.4% | $3,712-49.2% | $3,203-41.1% |
| Admin fee / account holder | $117 | $3,581-96.7% | $5,333-97.8% | $4,296-97.3% |