Filed June 14, 2021 (most recent of 2 filings on file)
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,643 | $60,229+32.2% | $90,760-12.2% | - |
| Participation rate | 55.6% | 66.7%-11.1pp | 75.7%-20.1pp | - |
| Annual return | -15.29% | -8.37%-6.9pp | -12.16%-3.1pp | - |
| Employer contribution / active EE | $1,732 | $1,436+20.6% | $2,922-40.7% | - |
| Participant deferral / active EE | $2,619 | $3,579-26.8% | $4,565-42.6% | - |
| Admin fee / account holder | $1,355 | $2,834-52.2% | $8,444-84.0% | - |