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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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,731 | $287,456-95.6% | $170,435-92.5% | - |
| Participation rate | 65.7% | 60.6%+5.0pp | 83.6%-17.9pp | - |
| Annual return | 15.22% | 6.06%+9.2pp | 205.94%-190.7pp | - |
| Employer contribution / active EE | $0 | $2,242-100.0% | $5,432-100.0% | - |
| Participant deferral / active EE | $1,684 | $2,113-20.3% | $4,939-65.9% | - |
| Admin fee / account holder | $17 | $39,812-100.0% | $13,881-99.9% | - |