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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $6,137 | $54,380-88.7% | $68,509-91.0% | $59,633-89.7% |
| Participation rate | 37.8% | 70.2%-32.4pp | 74.7%-36.9pp | 68.7%-30.8pp |
| Annual return | 0.00% | 2.83%-2.8pp | 8.27%-8.3pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $1,074 | $1,539-30.2% | $2,278-52.8% | $2,203-51.2% |
| Participant deferral / active EE | $1,650 | $2,643-37.6% | $3,382-51.2% | $3,192-48.3% |
| Admin fee / account holder | $52 | $3,885-98.7% | $5,275-99.0% | $4,297-98.8% |