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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $6,116 | $81,262-92.5% | $155,602-96.1% | $80,911-92.4% |
| Participation rate | 41.3% | 66.2%-24.9pp | 78.2%-36.9pp | 67.6%-26.3pp |
| Annual return | 17.61% | 33.34%-15.7pp | 64.81%-47.2pp | 35.63%-18.0pp |
| Employer contribution / active EE | $356 | $3,102-88.5% | $4,675-92.4% | $2,756-87.1% |
| Participant deferral / active EE | $1,321 | $3,451-61.7% | $5,629-76.5% | $4,297-69.3% |
| Admin fee / account holder | $55 | $7,992-99.3% | $15,923-99.7% | $6,935-99.2% |