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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 | $9,271 | $82,674-88.8% | $125,381-92.6% | $68,486-86.5% |
| Participation rate | 43.5% | 75.1%-31.6pp | 82.4%-38.9pp | 67.9%-24.4pp |
| Annual return | 0.00% | -5.97%+6.0pp | 572.31%-572.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $3,382-100.0% | $4,815-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $3,959 | $6,111-35.2% | $7,448-46.8% | $4,028-1.7% |
| Admin fee / account holder | $9 | $6,277-99.9% | $10,007-99.9% | $5,404-99.8% |