Filed March 3, 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 | $15,053 | $106,247-85.8% | $96,515-84.4% | $139,466-89.2% |
| Participation rate | 50.0% | 77.8%-27.8pp | 74.3%-24.3pp | 80.3%-30.3pp |
| Annual return | 18.25% | 38.47%-20.2pp | 35.73%-17.5pp | 373.66%-355.4pp |
| Employer contribution / active EE | $1,356 | $4,106-67.0% | $3,740-63.8% | $4,754-71.5% |
| Participant deferral / active EE | $2,109 | $5,456-61.3% | $4,880-56.8% | $6,712-68.6% |
| Admin fee / account holder | $259 | $7,885-96.7% | $6,735-96.2% | $11,409-97.7% |