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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 | $4,594 | $43,423-89.4% | $78,676-94.2% | $55,167-91.7% |
| Participation rate | 39.0% | 68.0%-29.0pp | 73.6%-34.5pp | 69.0%-29.9pp |
| Annual return | 9.03% | 11.53%-2.5pp | 62.19%-53.2pp | 169.23%-160.2pp |
| Employer contribution / active EE | $770 | $1,997-61.4% | $2,850-73.0% | $1,963-60.8% |
| Participant deferral / active EE | $428 | $2,509-82.9% | $3,517-87.8% | $3,054-86.0% |
| Admin fee / account holder | $237 | $416-43.1% | $4,510-94.8% | $504-53.0% |