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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 | $10,441 | $58,493-82.2% | $84,023-87.6% | $72,976-85.7% |
| Participation rate | 17.9% | 61.2%-43.4pp | 69.0%-51.2pp | 69.5%-51.6pp |
| Annual return | 25.97% | 28.93%-3.0pp | 71.32%-45.3pp | 81.02%-55.0pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,089 | $2,394-54.5% | $3,239-66.4% | $3,608-69.8% |
| Admin fee / account holder | $249 | $4,569-94.6% | $6,102-95.9% | $5,124-95.1% |