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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 | $24,485 | $83,485-70.7% | $125,195-80.4% | $72,976-66.4% |
| Participation rate | 29.9% | 73.3%-43.4pp | 79.8%-49.9pp | 69.5%-39.6pp |
| Annual return | 26.71% | 25.77%+0.9pp | 43.79%-17.1pp | 81.02%-54.3pp |
| Employer contribution / active EE | $629 | $2,346-73.2% | $3,866-83.7% | $2,440-74.2% |
| Participant deferral / active EE | $1,030 | $3,586-71.3% | $4,937-79.1% | $3,608-71.5% |
| Admin fee / account holder | $33 | $5,518-99.4% | $9,704-99.7% | $5,124-99.4% |