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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 | $22,960 | $181,896-87.4% | $156,551-85.3% | $273,972-91.6% |
| Participation rate | 60.0% | 88.4%-28.4pp | 84.0%-24.0pp | 83.0%-23.0pp |
| Annual return | 0.00% | 30.74%-30.7pp | 32.23%-32.2pp | 41.46%-41.5pp |
| Employer contribution / active EE | $990 | $6,248-84.2% | $5,501-82.0% | $4,869-79.7% |
| Participant deferral / active EE | $3,262 | $5,550-41.2% | $4,871-33.0% | $5,287-38.3% |
| Admin fee / account holder | $64 | $15,560-99.6% | $13,028-99.5% | $10,133-99.4% |