Filed May 30, 2025
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,465 | $76,551-41.9% | $123,894-64.1% | $62,881-29.3% |
| Participation rate | 58.8% | 73.0%-14.2pp | 81.4%-22.6pp | 69.3%-10.5pp |
| Annual return | 11.08% | 18.68%-7.6pp | 47.52%-36.4pp | 20.14%-9.1pp |
| Employer contribution / active EE | $780 | $2,882-72.9% | $4,617-83.1% | $2,281-65.8% |
| Participant deferral / active EE | $1,799 | $4,840-62.8% | $5,984-69.9% | $3,203-43.8% |
| Admin fee / account holder | $264 | $4,826-94.5% | $8,357-96.8% | $4,296-93.9% |