Filed December 16, 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 | $34,625 | $106,001-67.3% | $92,235-62.5% | $147,585-76.5% |
| Participation rate | 45.8% | 80.4%-34.6pp | 76.5%-30.6pp | 82.8%-37.0pp |
| Annual return | 9.90% | 50.05%-40.1pp | 176.28%-166.4pp | 578.56%-568.7pp |
| Employer contribution / active EE | $4,730 | $4,333+9.2% | $3,679+28.5% | $4,876-3.0% |
| Participant deferral / active EE | $3,359 | $4,478-25.0% | $3,897-13.8% | $5,439-38.2% |
| Admin fee / account holder | $77 | $6,332-98.8% | $5,194-98.5% | $10,885-99.3% |