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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $5,857 | $57,352-89.8% | $83,831-93.0% | $64,173-90.9% |
| Participation rate | 42.5% | 68.6%-26.1pp | 76.1%-33.6pp | 69.6%-27.1pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.99%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $700 | $2,546-72.5% | $3,631-80.7% | $2,381-70.6% |
| Participant deferral / active EE | $1,290 | $2,993-56.9% | $4,082-68.4% | $3,470-62.8% |
| Admin fee / account holder | $104 | $4,046-97.4% | $5,479-98.1% | $4,887-97.9% |