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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 | $105,459 | $76,551+37.8% | $123,894-14.9% | $62,881+67.7% |
| Participation rate | 37.5% | 73.0%-35.5pp | 81.4%-43.9pp | 69.3%-31.8pp |
| Annual return | 8.80% | 18.68%-9.9pp | 47.52%-38.7pp | 20.14%-11.3pp |
| Employer contribution / active EE | $1,509 | $2,882-47.6% | $4,617-67.3% | $2,281-33.8% |
| Participant deferral / active EE | $2,026 | $4,840-58.1% | $5,984-66.1% | $3,203-36.7% |
| Admin fee / account holder | $231 | $4,826-95.2% | $8,357-97.2% | $4,296-94.6% |