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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 | $46,138 | $56,894-18.9% | $84,753-45.6% | $62,881-26.6% |
| Participation rate | 21.4% | 68.5%-47.1pp | 76.6%-55.2pp | 69.3%-47.9pp |
| Annual return | 6.54% | 6.30%+0.2pp | 22.78%-16.2pp | 20.14%-13.6pp |
| Employer contribution / active EE | $636 | $2,400-73.5% | $3,574-82.2% | $2,281-72.1% |
| Participant deferral / active EE | $977 | $2,709-63.9% | $3,712-73.7% | $3,203-69.5% |
| Admin fee / account holder | $237 | $3,581-93.4% | $5,333-95.6% | $4,296-94.5% |