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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 | $22,873 | $217,427-89.5% | $185,837-87.7% | $167,518-86.3% |
| Participation rate | 50.0% | 86.0%-36.0pp | 81.7%-31.7pp | 82.1%-32.1pp |
| Annual return | 27.31% | 148.39%-121.1pp | 122.08%-94.8pp | 478.71%-451.4pp |
| Employer contribution / active EE | $6,041 | $5,874+2.8% | $5,168+16.9% | $4,838+24.8% |
| Participant deferral / active EE | $1,246 | $6,357-80.4% | $5,568-77.6% | $6,342-80.4% |
| Admin fee / account holder | $99 | $19,816-99.5% | $16,241-99.4% | $12,312-99.2% |