Filed April 2, 2025
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $18,744 | $42,383-55.8% | $76,518-75.5% | $64,173-70.8% |
| Participation rate | 22.9% | 58.1%-35.3pp | 68.0%-45.1pp | 69.6%-46.7pp |
| Annual return | -13.03% | -16.54%+3.5pp | -0.27%-12.8pp | 7.63%-20.7pp |
| Employer contribution / active EE | $522 | $1,563-66.6% | $2,647-80.3% | $2,381-78.1% |
| Participant deferral / active EE | $1,029 | $2,566-59.9% | $3,836-73.2% | $3,470-70.3% |
| Admin fee / account holder | $0 | $3,198-100.0% | $4,849-100.0% | $4,887-100.0% |