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 | $57,061-33.0% | $85,063-55.0% | $80,911-52.7% |
| Participation rate | 66.7% | 56.3%+10.3pp | 67.5%-0.8pp | 67.6%-1.0pp |
| Annual return | 22.04% | 21.66%+0.4pp | 66.54%-44.5pp | 35.63%-13.6pp |
| Employer contribution / active EE | $2,092 | $1,799+16.3% | $2,727-23.3% | $2,756-24.1% |
| Participant deferral / active EE | $4,946 | $3,110+59.0% | $4,523+9.4% | $4,297+15.1% |
| Admin fee / account holder | $279 | $4,986-94.4% | $6,155-95.5% | $6,935-96.0% |