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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 | $19,310 | $135,956-85.8% | $123,894-84.4% | $273,972-93.0% |
| Participation rate | 60.0% | 84.1%-24.1pp | 81.4%-21.4pp | 83.0%-23.0pp |
| Annual return | 8.76% | 56.63%-47.9pp | 47.52%-38.8pp | 41.46%-32.7pp |
| Employer contribution / active EE | $1,243 | $5,170-75.9% | $4,617-73.1% | $4,869-74.5% |
| Participant deferral / active EE | $1,946 | $6,343-69.3% | $5,984-67.5% | $5,287-63.2% |
| Admin fee / account holder | $171 | $9,817-98.3% | $8,357-98.0% | $10,133-98.3% |