Filed January 23, 2023
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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 | $39,100 | $138,075-71.7% | $123,552-68.4% | $135,379-71.1% |
| Participation rate | 60.0% | 84.7%-24.7pp | 82.3%-22.3pp | 82.6%-22.6pp |
| Annual return | -6.25% | 153.70%-159.9pp | 119.20%-125.5pp | 519.79%-526.0pp |
| Employer contribution / active EE | $1,504 | $5,152-70.8% | $4,628-67.5% | $4,779-68.5% |
| Participant deferral / active EE | $2,447 | $6,800-64.0% | $6,426-61.9% | $5,609-56.4% |
| Admin fee / account holder | $119 | $10,917-98.9% | $9,285-98.7% | $10,828-98.9% |