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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 | $52,511 | $60,349-13.0% | $74,184-29.2% | $62,881-16.5% |
| Participation rate | 60.0% | 72.7%-12.7pp | 76.6%-16.6pp | 69.3%-9.3pp |
| Annual return | 6.00% | 21.38%-15.4pp | 17.74%-11.7pp | 20.14%-14.1pp |
| Employer contribution / active EE | $381 | $1,680-77.3% | $2,370-83.9% | $2,281-83.3% |
| Participant deferral / active EE | $1,413 | $2,856-50.5% | $3,550-60.2% | $3,203-55.9% |
| Admin fee / account holder | $162 | $4,261-96.2% | $5,586-97.1% | $4,296-96.2% |