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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 | $27,948 | $96,731-71.1% | $123,973-77.5% | $86,983-67.9% |
| Participation rate | 44.4% | 70.0%-25.6pp | 76.7%-32.2pp | 69.5%-25.1pp |
| Annual return | 12.75% | 17.33%-4.6pp | 388.13%-375.4pp | 25.83%-13.1pp |
| Employer contribution / active EE | $0 | $3,297-100.0% | $4,126-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $2,382 | $4,152-42.6% | $5,247-54.6% | $4,194-43.2% |
| Admin fee / account holder | $129 | $8,722-98.5% | $11,799-98.9% | $7,856-98.4% |