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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 | $8,247 | $79,955-89.7% | $98,450-91.6% | $75,181-89.0% |
| Participation rate | 32.1% | 70.4%-38.2pp | 75.2%-43.0pp | 67.2%-35.1pp |
| Annual return | 19.21% | 19.75%-0.5pp | 21.16%-2.0pp | 160.69%-141.5pp |
| Employer contribution / active EE | $0 | $2,264-100.0% | $3,049-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $806 | $3,752-78.5% | $4,739-83.0% | $4,126-80.5% |
| Admin fee / account holder | $267 | $6,841-96.1% | $8,961-97.0% | $5,650-95.3% |