Filed February 11, 2020
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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 | $46,109 | $59,819-22.9% | $79,583-42.1% | $68,490-32.7% |
| Participation rate | 61.3% | 61.1%+0.2pp | 69.5%-8.2pp | 67.9%-6.6pp |
| Annual return | -18.17% | -12.30%-5.9pp | 0.16%-18.3pp | -7.85%-10.3pp |
| Employer contribution / active EE | $0 | $1,505-100.0% | $2,414-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,286 | $3,025-24.4% | $3,986-42.7% | $4,028-43.2% |
| Admin fee / account holder | $27 | $4,835-99.4% | $6,835-99.6% | $5,403-99.5% |