Filed December 28, 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 | $27,924 | $157,304-82.2% | $141,197-80.2% | $152,909-81.7% |
| Participation rate | 62.5% | 84.8%-22.3pp | 82.5%-20.0pp | 82.5%-20.0pp |
| Annual return | 33.38% | 64.34%-31.0pp | 71.41%-38.0pp | 345.46%-312.1pp |
| Employer contribution / active EE | $2,185 | $5,263-58.5% | $4,736-53.9% | $4,764-54.1% |
| Participant deferral / active EE | $6,160 | $7,111-13.4% | $6,710-8.2% | $5,851+5.3% |
| Admin fee / account holder | $174 | $12,126-98.6% | $10,265-98.3% | $11,601-98.5% |