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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).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,597 | $98,766-85.2% | $149,730-90.3% | $79,852-81.7% |
| Participation rate | 22.2% | 75.8%-53.6pp | 82.5%-60.3pp | 69.6%-47.4pp |
| Annual return | 19.61% | 27.43%-7.8pp | 276.70%-257.1pp | 31.72%-12.1pp |
| Employer contribution / active EE | $0 | $3,217-100.0% | $4,645-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $793 | $5,681-86.0% | $6,843-88.4% | $3,740-78.8% |
| Admin fee / account holder | $90 | $6,052-98.5% | $9,310-99.0% | $5,306-98.3% |