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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.
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 | $68,860 | $78,670-12.5% | $109,173-36.9% | $85,847-19.8% |
| Participation rate | 31.7% | 68.3%-36.5pp | 75.9%-44.1pp | 69.3%-37.6pp |
| Annual return | 0.00% | 25.09%-25.1pp | 25.75%-25.8pp | 318.61%-318.6pp |
| Employer contribution / active EE | $764 | $2,734-72.1% | $3,723-79.5% | $2,565-70.2% |
| Participant deferral / active EE | $1,339 | $3,467-61.4% | $4,654-71.2% | $3,952-66.1% |
| Admin fee / account holder | $207 | $5,469-96.2% | $6,755-96.9% | $6,261-96.7% |