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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $29,779 | $63,809-53.3% | $81,353-63.4% | $80,935-63.2% |
| Participation rate | 58.5% | 63.9%-5.4pp | 69.5%-11.0pp | 67.7%-9.1pp |
| Annual return | 0.00% | 16.37%-16.4pp | 24.82%-24.8pp | 35.66%-35.7pp |
| Employer contribution / active EE | $599 | $1,981-69.8% | $2,464-75.7% | $2,757-78.3% |
| Participant deferral / active EE | $1,469 | $3,093-52.5% | $3,885-62.2% | $4,299-65.8% |
| Admin fee / account holder | $62 | $5,686-98.9% | $5,766-98.9% | $6,924-99.1% |