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 | $54,904 | $157,276-65.1% | $141,177-61.1% | $152,885-64.1% |
| Participation rate | 60.0% | 84.8%-24.8pp | 82.5%-22.5pp | 82.5%-22.5pp |
| Annual return | 24.15% | 64.33%-40.2pp | 71.40%-47.3pp | 345.39%-321.2pp |
| Employer contribution / active EE | $1,493 | $5,262-71.6% | $4,736-68.5% | $4,763-68.7% |
| Participant deferral / active EE | $2,325 | $7,110-67.3% | $6,710-65.4% | $5,851-60.3% |
| Admin fee / account holder | $153 | $12,123-98.7% | $10,263-98.5% | $11,598-98.7% |