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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 | $4,038 | $58,726-93.1% | $92,240-95.6% | $62,293-93.5% |
| Participation rate | 46.3% | 68.3%-22.0pp | 76.5%-30.1pp | 69.5%-23.2pp |
| Annual return | 0.00% | 43.62%-43.6pp | 176.29%-176.3pp | 28.90%-28.9pp |
| Employer contribution / active EE | $2,054 | $2,392-14.1% | $3,680-44.2% | $2,042+0.6% |
| Participant deferral / active EE | $261 | $2,766-90.6% | $3,897-93.3% | $3,169-91.8% |
| Admin fee / account holder | $99 | $556-82.1% | $5,194-98.1% | $479-79.3% |