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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 | $11,478 | $65,428-82.5% | $169,397-93.2% | $71,529-84.0% |
| Participation rate | 39.4% | 66.9%-27.5pp | 77.2%-37.8pp | 67.9%-28.5pp |
| Annual return | 35.39% | 21.35%+14.0pp | 406.23%-370.8pp | 28.97%+6.4pp |
| Employer contribution / active EE | $1,023 | $2,064-50.4% | $4,013-74.5% | $2,590-60.5% |
| Participant deferral / active EE | $1,523 | $4,360-65.1% | $6,223-75.5% | $4,291-64.5% |
| Admin fee / account holder | $116 | $1,328-91.3% | $9,017-98.7% | $1,588-92.7% |