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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 | $28,289 | $71,878-60.6% | $86,698-67.4% | $68,486-58.7% |
| Participation rate | 60.5% | 72.2%-11.7pp | 76.6%-16.1pp | 67.9%-7.4pp |
| Annual return | 0.00% | 3.53%-3.5pp | 35.95%-35.9pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $2,173-100.0% | $2,837-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $4,131 | $3,779+9.3% | $4,656-11.3% | $4,028+2.6% |
| Admin fee / account holder | $3 | $6,113-100.0% | $7,493-100.0% | $5,404-99.9% |