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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 | $18,142 | $93,617-80.6% | $135,982-86.7% | $75,177-75.9% |
| Participation rate | 64.0% | 75.2%-11.2pp | 81.9%-17.9pp | 67.2%-3.2pp |
| Annual return | 26.30% | 30.89%-4.6pp | 68.32%-42.0pp | 160.75%-134.5pp |
| Employer contribution / active EE | $1,298 | $3,538-63.3% | $4,859-73.3% | $2,671-51.4% |
| Participant deferral / active EE | $2,235 | $6,406-65.1% | $7,760-71.2% | $4,126-45.8% |
| Admin fee / account holder | $178 | $6,980-97.4% | $10,767-98.3% | $5,651-96.8% |