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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 | $16,232 | $115,814-86.0% | $101,275-84.0% | $158,982-89.8% |
| Participation rate | 64.3% | 79.4%-15.1pp | 75.8%-11.5pp | 82.0%-17.7pp |
| Annual return | 36.98% | 56.16%-19.2pp | 46.48%-9.5pp | 302.99%-266.0pp |
| Employer contribution / active EE | $5,423 | $4,176+29.9% | $3,660+48.2% | $4,763+13.9% |
| Participant deferral / active EE | $317 | $4,958-93.6% | $4,371-92.7% | $5,983-94.7% |
| Admin fee / account holder | $107 | $7,249-98.5% | $5,948-98.2% | $11,252-99.1% |