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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $7,412 | $59,804-87.6% | $81,982-91.0% | $79,856-90.7% |
| Participation rate | 68.6% | 61.6%+7.0pp | 69.3%-0.6pp | 69.6%-1.0pp |
| Annual return | 0.00% | 17.56%-17.6pp | 41.31%-41.3pp | 31.71%-31.7pp |
| Employer contribution / active EE | $1,337 | $1,713-22.0% | $2,498-46.5% | $2,471-45.9% |
| Participant deferral / active EE | $2,891 | $2,695+7.3% | $3,722-22.3% | $3,741-22.7% |
| Admin fee / account holder | $243 | $4,288-94.3% | $5,665-95.7% | $5,306-95.4% |