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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 | $25,118 | $56,894-55.9% | $84,753-70.4% | $62,881-60.1% |
| Participation rate | 54.2% | 68.5%-14.4pp | 76.6%-22.4pp | 69.3%-15.1pp |
| Annual return | 5.83% | 6.30%-0.5pp | 22.78%-17.0pp | 20.14%-14.3pp |
| Employer contribution / active EE | $635 | $2,400-73.5% | $3,574-82.2% | $2,281-72.1% |
| Participant deferral / active EE | $1,731 | $2,709-36.1% | $3,712-53.4% | $3,203-46.0% |
| Admin fee / account holder | $58 | $3,581-98.4% | $5,333-98.9% | $4,296-98.6% |