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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 | $11,227 | $80,753-86.1% | $136,298-91.8% | $62,293-82.0% |
| Participation rate | 25.7% | 73.5%-47.8pp | 81.9%-56.2pp | 69.5%-43.8pp |
| Annual return | 23.57% | 35.83%-12.3pp | 5156.27%-5132.7pp | 28.90%-5.3pp |
| Employer contribution / active EE | $522 | $2,884-81.9% | $4,696-88.9% | $2,042-74.4% |
| Participant deferral / active EE | $1,038 | $5,164-79.9% | $6,247-83.4% | $3,169-67.3% |
| Admin fee / account holder | $154 | $525-70.7% | $9,244-98.3% | $479-67.8% |