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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 | $13,588 | $71,197-80.9% | $93,669-85.5% | $80,925-83.2% |
| Participation rate | 27.7% | 60.4%-32.7pp | 68.7%-41.1pp | 67.7%-40.0pp |
| Annual return | 16.17% | 11.27%+4.9pp | 133.59%-117.4pp | 35.65%-19.5pp |
| Employer contribution / active EE | $499 | $1,565-68.1% | $2,424-79.4% | $2,756-81.9% |
| Participant deferral / active EE | $1,123 | $4,036-72.2% | $4,416-74.6% | $4,299-73.9% |
| Admin fee / account holder | $63 | $6,959-99.1% | $8,291-99.2% | $6,940-99.1% |