Filed January 26, 2018
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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 | $53,872 | $52,678+2.3% | $75,784-28.9% | $59,633-9.7% |
| Participation rate | 32.4% | 67.2%-34.8pp | 75.8%-43.4pp | 68.7%-36.2pp |
| Annual return | 0.54% | 2.95%-2.4pp | 9.68%-9.1pp | 2041.45%-2040.9pp |
| Employer contribution / active EE | $1,033 | $2,193-52.9% | $3,323-68.9% | $2,203-53.1% |
| Participant deferral / active EE | $2,434 | $2,591-6.0% | $3,652-33.3% | $3,192-23.7% |
| Admin fee / account holder | $221 | $3,610-93.9% | $5,300-95.8% | $4,297-94.9% |