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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 | $13,645 | $80,992-83.2% | $96,534-85.9% | $75,173-81.8% |
| Participation rate | 42.3% | 71.8%-29.5pp | 76.0%-33.7pp | 67.2%-24.9pp |
| Annual return | 28.30% | 27.05%+1.2pp | 25.88%+2.4pp | 160.72%-132.4pp |
| Employer contribution / active EE | $837 | $2,283-63.3% | $2,965-71.8% | $2,671-68.6% |
| Participant deferral / active EE | $1,703 | $3,929-56.7% | $4,851-64.9% | $4,126-58.7% |
| Admin fee / account holder | $218 | $6,717-96.8% | $8,253-97.4% | $5,651-96.1% |