Filed April 2, 2025
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $70,240 | $41,150+70.7% | $80,627-12.9% | $71,511-1.8% |
| Participation rate | 8.6% | 50.3%-41.6pp | 67.0%-58.4pp | 67.9%-59.3pp |
| Annual return | 22.99% | 38.48%-15.5pp | 936.76%-913.8pp | 28.86%-5.9pp |
| Employer contribution / active EE | $422 | $1,515-72.1% | $2,723-84.5% | $2,589-83.7% |
| Participant deferral / active EE | $847 | $2,701-68.7% | $4,443-80.9% | $4,291-80.3% |
| Admin fee / account holder | $54 | $1,841-97.1% | $5,381-99.0% | $1,588-96.6% |