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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 | $3,662 | $48,011-92.4% | $63,803-94.3% | $82,637-95.6% |
| Participation rate | 62.5% | 66.6%-4.1pp | 72.7%-10.2pp | 68.1%-5.6pp |
| Annual return | 25.03% | 19.84%+5.2pp | 543.72%-518.7pp | 53.51%-28.5pp |
| Employer contribution / active EE | $0 | $1,904-100.0% | $2,532-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $1,306 | $2,846-54.1% | $3,843-66.0% | $4,126-68.3% |
| Admin fee / account holder | $42 | $3,873-98.9% | $5,196-99.2% | $7,339-99.4% |