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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 | $14,054 | $76,551-81.6% | $123,894-88.7% | $62,881-77.7% |
| Participation rate | 37.5% | 73.0%-35.5pp | 81.4%-43.9pp | 69.3%-31.8pp |
| Annual return | 13.50% | 18.68%-5.2pp | 47.52%-34.0pp | 20.14%-6.6pp |
| Employer contribution / active EE | $810 | $2,882-71.9% | $4,617-82.4% | $2,281-64.5% |
| Participant deferral / active EE | $1,725 | $4,840-64.4% | $5,984-71.2% | $3,203-46.2% |
| Admin fee / account holder | $1 | $4,826-100.0% | $8,357-100.0% | $4,296-100.0% |