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 | $63,236 | $107,368-41.1% | $92,915-31.9% | $152,909-58.6% |
| Participation rate | 60.9% | 79.8%-18.9pp | 76.0%-15.1pp | 82.5%-21.6pp |
| Annual return | 24.70% | 145.64%-120.9pp | 109.45%-84.8pp | 345.46%-320.8pp |
| Employer contribution / active EE | $2,192 | $4,222-48.1% | $3,653-40.0% | $4,764-54.0% |
| Participant deferral / active EE | $4,247 | $4,848-12.4% | $4,238+0.2% | $5,851-27.4% |
| Admin fee / account holder | $59 | $7,082-99.2% | $5,796-99.0% | $11,601-99.5% |