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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 | $2,035 | $88,707-97.7% | $74,184-97.3% | $273,972-99.3% |
| Participation rate | 46.2% | 79.4%-33.3pp | 76.6%-30.5pp | 83.0%-36.9pp |
| Annual return | 0.00% | 11.94%-11.9pp | 17.74%-17.7pp | 41.46%-41.5pp |
| Employer contribution / active EE | $624 | $3,159-80.3% | $2,370-73.7% | $4,869-87.2% |
| Participant deferral / active EE | $768 | $4,212-81.8% | $3,550-78.4% | $5,287-85.5% |
| Admin fee / account holder | $27 | $8,717-99.7% | $5,586-99.5% | $10,133-99.7% |