Filed March 18, 2022
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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 | $50,214 | $43,423+15.6% | $78,676-36.2% | $55,167-9.0% |
| Participation rate | 43.3% | 68.0%-24.8pp | 73.6%-30.3pp | 69.0%-25.7pp |
| Annual return | 6.32% | 11.53%-5.2pp | 62.19%-55.9pp | 169.23%-162.9pp |
| Employer contribution / active EE | $886 | $1,997-55.6% | $2,850-68.9% | $1,963-54.9% |
| Participant deferral / active EE | $1,215 | $2,509-51.6% | $3,517-65.5% | $3,054-60.2% |
| Admin fee / account holder | $264 | $416-36.7% | $4,510-94.2% | $504-47.7% |