Filed July 1, 2024
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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 | $20,507 | $54,370-62.3% | $82,763-75.2% | $68,490-70.1% |
| Participation rate | 44.2% | 63.9%-19.7pp | 72.6%-28.3pp | 67.9%-23.7pp |
| Annual return | 29.50% | -13.67%+43.2pp | 702.45%-672.9pp | -7.85%+37.4pp |
| Employer contribution / active EE | $1,279 | $2,219-42.4% | $3,008-57.5% | $2,597-50.7% |
| Participant deferral / active EE | $2,047 | $3,247-37.0% | $4,395-53.4% | $4,028-49.2% |
| Admin fee / account holder | $240 | $4,398-94.5% | $5,325-95.5% | $5,403-95.6% |