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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 | $11,948 | $99,345-88.0% | $84,753-85.9% | $273,972-95.6% |
| Participation rate | 25.0% | 80.7%-55.7pp | 76.6%-51.6pp | 83.0%-58.0pp |
| Annual return | 202.28% | 22.93%+179.4pp | 22.78%+179.5pp | 41.46%+160.8pp |
| Employer contribution / active EE | $360 | $4,214-91.4% | $3,574-89.9% | $4,869-92.6% |
| Participant deferral / active EE | $2,031 | $4,270-52.4% | $3,712-45.3% | $5,287-61.6% |
| Admin fee / account holder | $203 | $6,645-97.0% | $5,333-96.2% | $10,133-98.0% |