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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 | $15,057 | $73,102-79.4% | $123,552-87.8% | $56,287-73.3% |
| Participation rate | 68.7% | 74.3%-5.7pp | 82.3%-13.6pp | 69.9%-1.2pp |
| Annual return | 25.93% | 3.01%+22.9pp | 119.20%-93.3pp | -9.96%+35.9pp |
| Employer contribution / active EE | $0 | $2,977-100.0% | $4,628-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $8,363 | $5,423+54.2% | $6,426+30.1% | $3,350+149.7% |
| Admin fee / account holder | $250 | $554-54.8% | $9,285-97.3% | $521-51.9% |