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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 | $16,257 | $157,296-89.7% | $141,191-88.5% | $152,897-89.4% |
| Participation rate | 35.3% | 84.8%-49.5pp | 82.5%-47.2pp | 82.5%-47.2pp |
| Annual return | 31.41% | 64.34%-32.9pp | 71.41%-40.0pp | 345.43%-314.0pp |
| Employer contribution / active EE | $1,267 | $5,262-75.9% | $4,736-73.2% | $4,764-73.4% |
| Participant deferral / active EE | $2,241 | $7,111-68.5% | $6,710-66.6% | $5,851-61.7% |
| Admin fee / account holder | $127 | $12,125-99.0% | $10,264-98.8% | $11,599-98.9% |