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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 | $19,454 | $154,209-87.4% | $130,062-85.0% | $139,487-86.1% |
| Participation rate | 46.2% | 82.0%-35.8pp | 78.5%-32.4pp | 80.3%-34.2pp |
| Annual return | 15.37% | 32.52%-17.1pp | -137.37%+152.7pp | 373.84%-358.5pp |
| Employer contribution / active EE | $0 | $5,292-100.0% | $4,322-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $1,279 | $6,709-80.9% | $5,821-78.0% | $6,713-80.9% |
| Admin fee / account holder | $270 | $13,988-98.1% | $10,601-97.5% | $11,407-97.6% |