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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 | $4,507 | $37,446-88.0% | $77,513-94.2% | $79,852-94.4% |
| Participation rate | 14.7% | 41.5%-26.8pp | 54.2%-39.5pp | 69.6%-54.9pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $67 | $637-89.5% | $987-93.2% | $2,471-97.3% |
| Participant deferral / active EE | $529 | $1,261-58.0% | $1,861-71.6% | $3,740-85.9% |
| Admin fee / account holder | $2 | $2,506-99.9% | $2,859-99.9% | $5,306-100.0% |