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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $23,694 | $181,896-87.0% | $156,551-84.9% | $273,972-91.4% |
| Participation rate | 58.3% | 88.4%-30.1pp | 84.0%-25.7pp | 83.0%-24.7pp |
| Annual return | 7.98% | 30.74%-22.8pp | 32.23%-24.2pp | 41.46%-33.5pp |
| Employer contribution / active EE | $2,270 | $6,248-63.7% | $5,501-58.7% | $4,869-53.4% |
| Participant deferral / active EE | $3,172 | $5,550-42.9% | $4,871-34.9% | $5,287-40.0% |
| Admin fee / account holder | $29 | $15,560-99.8% | $13,028-99.8% | $10,133-99.7% |