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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 | $20,746 | $181,896-88.6% | $156,551-86.7% | $273,972-92.4% |
| Participation rate | 20.0% | 88.4%-68.4pp | 84.0%-64.0pp | 83.0%-63.0pp |
| Annual return | 34.70% | 30.74%+4.0pp | 32.23%+2.5pp | 41.46%-6.8pp |
| Employer contribution / active EE | $2,548 | $6,248-59.2% | $5,501-53.7% | $4,869-47.7% |
| Participant deferral / active EE | $1,348 | $5,550-75.7% | $4,871-72.3% | $5,287-74.5% |
| Admin fee / account holder | $112 | $15,560-99.3% | $13,028-99.1% | $10,133-98.9% |