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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,670 | $64,359-86.5% | $90,161-90.4% | $70,126-87.6% |
| Participation rate | 31.5% | 70.4%-38.9pp | 76.9%-45.4pp | 69.5%-38.0pp |
| Annual return | 23.08% | 28.13%-5.1pp | 34.89%-11.8pp | 73.15%-50.1pp |
| Employer contribution / active EE | $414 | $2,046-79.7% | $3,318-87.5% | $2,343-82.3% |
| Participant deferral / active EE | $841 | $4,389-80.8% | $5,287-84.1% | $3,332-74.8% |
| Admin fee / account holder | $178 | $3,945-95.5% | $5,943-97.0% | $4,645-96.2% |