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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 | $21,736 | $135,956-84.0% | $123,894-82.5% | $273,972-92.1% |
| Participation rate | 52.2% | 84.1%-31.9pp | 81.4%-29.2pp | 83.0%-30.8pp |
| Annual return | 13.57% | 56.63%-43.1pp | 47.52%-34.0pp | 41.46%-27.9pp |
| Employer contribution / active EE | $0 | $5,170-100.0% | $4,617-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,619 | $6,343-42.9% | $5,984-39.5% | $5,287-31.5% |
| Admin fee / account holder | $3 | $9,817-100.0% | $8,357-100.0% | $10,133-100.0% |