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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 | $14,510 | $73,978-80.4% | $96,515-85.0% | $75,173-80.7% |
| Participation rate | 21.9% | 66.4%-44.5pp | 74.3%-52.4pp | 67.2%-45.3pp |
| Annual return | 26.86% | 26.72%+0.1pp | 35.73%-8.9pp | 160.72%-133.9pp |
| Employer contribution / active EE | $864 | $2,931-70.5% | $3,740-76.9% | $2,671-67.6% |
| Participant deferral / active EE | $1,224 | $3,660-66.6% | $4,880-74.9% | $4,126-70.3% |
| Admin fee / account holder | $3 | $5,219-99.9% | $6,735-100.0% | $5,651-99.9% |