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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 | $19,076 | $70,430-72.9% | $96,572-80.2% | $85,851-77.8% |
| Participation rate | 43.8% | 61.8%-18.1pp | 69.8%-26.1pp | 69.3%-25.6pp |
| Annual return | 28.29% | 18.58%+9.7pp | 37.79%-9.5pp | 318.63%-290.3pp |
| Employer contribution / active EE | $3,869 | $1,413+173.7% | $2,357+64.1% | $2,565+50.8% |
| Participant deferral / active EE | $650 | $2,894-77.6% | $3,850-83.1% | $3,952-83.6% |
| Admin fee / account holder | $300 | $4,996-94.0% | $6,183-95.1% | $6,261-95.2% |