Filed March 11, 2021
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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 | $38,258 | $57,119-33.0% | $85,187-55.1% | $80,935-52.7% |
| Participation rate | 66.7% | 56.4%+10.3pp | 67.5%-0.9pp | 67.7%-1.0pp |
| Annual return | 22.04% | 21.70%+0.3pp | 66.67%-44.6pp | 35.66%-13.6pp |
| Employer contribution / active EE | $2,092 | $1,802+16.1% | $2,732-23.5% | $2,757-24.1% |
| Participant deferral / active EE | $4,946 | $3,115+58.8% | $4,525+9.3% | $4,299+15.0% |
| Admin fee / account holder | $279 | $4,990-94.4% | $6,162-95.5% | $6,924-96.0% |