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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 | $17,764 | $79,181-77.6% | $102,423-82.7% | $74,429-76.1% |
| Participation rate | 52.0% | 74.8%-22.8pp | 76.5%-24.5pp | 67.2%-15.2pp |
| Annual return | 17.94% | 54.97%-37.0pp | 29.42%-11.5pp | 1368.38%-1350.4pp |
| Employer contribution / active EE | $970 | $2,362-58.9% | $3,023-67.9% | $2,625-63.0% |
| Participant deferral / active EE | $1,986 | $4,416-55.0% | $5,054-60.7% | $4,348-54.3% |
| Admin fee / account holder | $130 | $2,002-93.5% | $9,455-98.6% | $1,944-93.3% |