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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 | $21,593 | $105,623-79.6% | $87,502-75.3% | $273,972-92.1% |
| Participation rate | 42.9% | 78.2%-35.3pp | 73.8%-31.0pp | 83.0%-40.2pp |
| Annual return | 2.40% | 12.26%-9.9pp | 12.21%-9.8pp | 41.46%-39.1pp |
| Employer contribution / active EE | $644 | $3,141-79.5% | $2,550-74.7% | $4,869-86.8% |
| Participant deferral / active EE | $958 | $3,601-73.4% | $3,149-69.6% | $5,287-81.9% |
| Admin fee / account holder | $215 | $4,781-95.5% | $4,221-94.9% | $10,133-97.9% |