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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 | $29,700 | $94,529-68.6% | $140,019-78.8% | $64,173-53.7% |
| Participation rate | 64.2% | 84.1%-19.9pp | 87.5%-23.3pp | 69.6%-5.4pp |
| Annual return | -7.13% | 7.77%-14.9pp | 651.15%-658.3pp | 7.63%-14.8pp |
| Employer contribution / active EE | $844 | $3,812-77.9% | $5,605-84.9% | $2,381-64.6% |
| Participant deferral / active EE | $7,228 | $5,250+37.7% | $6,927+4.3% | $3,470+108.3% |
| Admin fee / account holder | $0 | $6,741-100.0% | $10,705-100.0% | $4,887-100.0% |