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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 | $6,814 | $60,165-88.7% | $74,184-90.8% | $55,167-87.6% |
| Participation rate | 67.2% | 74.2%-6.9pp | 76.6%-9.4pp | 69.0%-1.8pp |
| Annual return | 48.19% | 10.00%+38.2pp | 17.74%+30.5pp | 169.23%-121.0pp |
| Employer contribution / active EE | $408 | $1,600-74.5% | $2,370-82.8% | $1,963-79.2% |
| Participant deferral / active EE | $1,735 | $2,973-41.6% | $3,550-51.1% | $3,054-43.2% |
| Admin fee / account holder | $70 | $419-83.2% | $5,586-98.7% | $504-86.0% |