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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.
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 | $16,635 | $56,110-70.4% | $94,993-82.5% | $70,126-76.3% |
| Participation rate | 25.8% | 65.0%-39.2pp | 73.9%-48.1pp | 69.5%-43.7pp |
| Annual return | 21.03% | 51.02%-30.0pp | 27.14%-6.1pp | 73.15%-52.1pp |
| Employer contribution / active EE | $247 | $1,442-82.8% | $2,603-90.5% | $2,343-89.4% |
| Participant deferral / active EE | $1,389 | $2,391-41.9% | $3,317-58.1% | $3,332-58.3% |
| Admin fee / account holder | $1 | $3,456-100.0% | $4,960-100.0% | $4,645-100.0% |