Filed February 25, 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 | $42,107 | $65,395-35.6% | $182,558-76.9% | $72,976-42.3% |
| Participation rate | 59.3% | 65.4%-6.2pp | 78.0%-18.7pp | 69.5%-10.2pp |
| Annual return | 0.00% | 27.68%-27.7pp | 148.59%-148.6pp | 81.02%-81.0pp |
| Employer contribution / active EE | $487 | $1,911-74.5% | $4,076-88.1% | $2,440-80.0% |
| Participant deferral / active EE | $1,273 | $3,563-64.3% | $5,526-77.0% | $3,608-64.7% |
| Admin fee / account holder | $97 | $4,245-97.7% | $8,594-98.9% | $5,124-98.1% |