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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 | $13,852 | $52,519-73.6% | $155,789-91.1% | $59,633-76.8% |
| Participation rate | 33.9% | 61.7%-27.8pp | 76.1%-42.2pp | 68.7%-34.8pp |
| Annual return | -1.72% | 53.51%-55.2pp | 71.54%-73.3pp | 2041.45%-2043.2pp |
| Employer contribution / active EE | $254 | $1,589-84.0% | $3,839-93.4% | $2,203-88.4% |
| Participant deferral / active EE | $661 | $3,084-78.6% | $4,798-86.2% | $3,192-79.3% |
| Admin fee / account holder | $43 | $3,540-98.8% | $7,477-99.4% | $4,297-99.0% |