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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,607 | $87,546-84.5% | $75,784-82.0% | $125,389-89.1% |
| Participation rate | 11.1% | 80.2%-69.1pp | 75.8%-64.7pp | 83.2%-72.1pp |
| Annual return | 0.00% | 13.49%-13.5pp | 9.68%-9.7pp | 282.24%-282.2pp |
| Employer contribution / active EE | $213 | $3,930-94.6% | $3,323-93.6% | $4,866-95.6% |
| Participant deferral / active EE | $1,333 | $4,230-68.5% | $3,652-63.5% | $5,352-75.1% |
| Admin fee / account holder | $0 | $6,503-100.0% | $5,300-100.0% | $9,541-100.0% |