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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $55,258 | $181,898-69.6% | $156,552-64.7% | $273,970-79.8% |
| Participation rate | 42.9% | 88.4%-45.5pp | 84.0%-41.2pp | 83.0%-40.2pp |
| Annual return | 2.93% | 30.74%-27.8pp | 32.23%-29.3pp | 41.46%-38.5pp |
| Employer contribution / active EE | $384 | $6,248-93.8% | $5,501-93.0% | $4,869-92.1% |
| Participant deferral / active EE | $2,649 | $5,550-52.3% | $4,871-45.6% | $5,287-49.9% |
| Admin fee / account holder | $31 | $15,560-99.8% | $13,028-99.8% | $10,132-99.7% |