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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 | $10,975 | $118,496-90.7% | $98,461-88.9% | $139,466-92.1% |
| Participation rate | 33.3% | 77.5%-44.1pp | 75.2%-41.8pp | 80.3%-47.0pp |
| Annual return | 54.59% | 18.96%+35.6pp | 21.17%+33.4pp | 373.66%-319.1pp |
| Employer contribution / active EE | $658 | $3,611-81.8% | $3,049-78.4% | $4,754-86.2% |
| Participant deferral / active EE | $2,224 | $5,393-58.8% | $4,738-53.1% | $6,712-66.9% |
| Admin fee / account holder | $83 | $14,056-99.4% | $8,961-99.1% | $11,409-99.3% |