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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 | $15,397 | $48,078-68.0% | $78,676-80.4% | $62,881-75.5% |
| Participation rate | 45.3% | 65.2%-19.9pp | 73.6%-28.2pp | 69.3%-24.0pp |
| Annual return | 8.59% | 31.36%-22.8pp | 62.19%-53.6pp | 20.14%-11.6pp |
| Employer contribution / active EE | $308 | $2,015-84.7% | $2,850-89.2% | $2,281-86.5% |
| Participant deferral / active EE | $1,592 | $2,587-38.5% | $3,517-54.7% | $3,203-50.3% |
| Admin fee / account holder | $219 | $3,206-93.2% | $4,510-95.1% | $4,296-94.9% |