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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 | $9,290 | $85,171-89.1% | $172,753-94.6% | $72,976-87.3% |
| Participation rate | 31.0% | 70.1%-39.0pp | 82.6%-51.6pp | 69.5%-38.5pp |
| Annual return | 27.14% | 27.32%-0.2pp | 803.00%-775.9pp | 81.02%-53.9pp |
| Employer contribution / active EE | $426 | $3,324-87.2% | $5,144-91.7% | $2,440-82.5% |
| Participant deferral / active EE | $869 | $3,260-73.3% | $5,198-83.3% | $3,608-75.9% |
| Admin fee / account holder | $203 | $5,880-96.5% | $13,956-98.5% | $5,124-96.0% |