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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 | $11,232 | $72,269-84.5% | $101,271-88.9% | $79,852-85.9% |
| Participation rate | 28.0% | 68.5%-40.5pp | 75.8%-47.8pp | 69.6%-41.6pp |
| Annual return | 23.37% | 22.29%+1.1pp | 46.48%-23.1pp | 31.72%-8.3pp |
| Employer contribution / active EE | $2,281 | $2,692-15.2% | $3,660-37.7% | $2,471-7.7% |
| Participant deferral / active EE | $58 | $3,282-98.2% | $4,371-98.7% | $3,740-98.5% |
| Admin fee / account holder | $0 | $4,401-100.0% | $5,948-100.0% | $5,306-100.0% |