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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 | $9,605 | $72,269-86.7% | $101,271-90.5% | $79,852-88.0% |
| Participation rate | 56.5% | 68.5%-12.0pp | 75.8%-19.3pp | 69.6%-13.2pp |
| Annual return | 20.03% | 22.29%-2.3pp | 46.48%-26.4pp | 31.72%-11.7pp |
| Employer contribution / active EE | $2,195 | $2,692-18.5% | $3,660-40.0% | $2,471-11.2% |
| Participant deferral / active EE | $243 | $3,282-92.6% | $4,371-94.4% | $3,740-93.5% |
| Admin fee / account holder | $247 | $4,401-94.4% | $5,948-95.8% | $5,306-95.3% |