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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 | $126,163 | $43,075+192.9% | $74,577+69.2% | $62,881+100.6% |
| Participation rate | 27.3% | 58.1%-30.8pp | 68.1%-40.8pp | 69.3%-42.0pp |
| Annual return | 6.94% | 17.50%-10.6pp | 20.47%-13.5pp | 20.14%-13.2pp |
| Employer contribution / active EE | $1,060 | $1,498-29.2% | $2,525-58.0% | $2,281-53.5% |
| Participant deferral / active EE | $2,087 | $2,389-12.7% | $3,458-39.7% | $3,203-34.8% |
| Admin fee / account holder | $248 | $2,840-91.3% | $4,138-94.0% | $4,296-94.2% |