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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 | $30,996 | $60,349-48.6% | $74,184-58.2% | $62,881-50.7% |
| Participation rate | 56.3% | 72.7%-16.5pp | 76.6%-20.4pp | 69.3%-13.1pp |
| Annual return | 5.33% | 21.38%-16.0pp | 17.74%-12.4pp | 20.14%-14.8pp |
| Employer contribution / active EE | $448 | $1,680-73.3% | $2,370-81.1% | $2,281-80.3% |
| Participant deferral / active EE | $2,315 | $2,856-18.9% | $3,550-34.8% | $3,203-27.7% |
| Admin fee / account holder | $177 | $4,261-95.8% | $5,586-96.8% | $4,296-95.9% |