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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 | $22,839 | $153,769-85.1% | $133,975-83.0% | $273,972-91.7% |
| Participation rate | 57.1% | 88.4%-31.2pp | 87.1%-29.9pp | 83.0%-25.9pp |
| Annual return | 0.00% | 36.51%-36.5pp | 29.29%-29.3pp | 41.46%-41.5pp |
| Employer contribution / active EE | $6,581 | $6,029+9.2% | $5,211+26.3% | $4,869+35.2% |
| Participant deferral / active EE | $6,857 | $6,958-1.5% | $6,282+9.2% | $5,287+29.7% |
| Admin fee / account holder | $8 | $11,765-99.9% | $9,324-99.9% | $10,133-99.9% |