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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 | $14,916 | $156,398-90.5% | $147,318-89.9% | $138,895-89.3% |
| Participation rate | 60.0% | 83.8%-23.8pp | 82.1%-22.1pp | 79.9%-19.9pp |
| Annual return | 26.37% | 78.75%-52.4pp | 70.43%-44.1pp | 145.39%-119.0pp |
| Employer contribution / active EE | $795 | $4,853-83.6% | $4,593-82.7% | $4,194-81.1% |
| Participant deferral / active EE | $2,963 | $8,237-64.0% | $7,906-62.5% | $6,396-53.7% |
| Admin fee / account holder | $296 | $14,976-98.0% | $13,708-97.8% | $12,562-97.6% |