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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 | $863 | $29,051-97.0% | $52,425-98.4% | $67,986-98.7% |
| Participation rate | 43.6% | 30.4%+13.2pp | 55.6%-12.0pp | 57.2%-13.6pp |
| Annual return | 357.47% | 24.00%+333.5pp | 302.12%+55.3pp | 31.67%+325.8pp |
| Employer contribution / active EE | $0 | $412-100.0% | $914-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $431 | $873-50.6% | $1,790-75.9% | $3,358-87.2% |
| Admin fee / account holder | $6 | $2,113-99.7% | $2,495-99.8% | $3,203-99.8% |