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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 | $9,620 | $63,346-84.8% | $92,239-89.6% | $70,124-86.3% |
| Participation rate | 39.4% | 68.7%-29.3pp | 76.5%-37.1pp | 69.5%-30.1pp |
| Annual return | 53.93% | 530.19%-476.3pp | 176.29%-122.4pp | 73.14%-19.2pp |
| Employer contribution / active EE | $491 | $2,471-80.1% | $3,680-86.7% | $2,342-79.1% |
| Participant deferral / active EE | $2,018 | $2,854-29.3% | $3,897-48.2% | $3,332-39.4% |
| Admin fee / account holder | $77 | $3,841-98.0% | $5,194-98.5% | $4,645-98.3% |