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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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,647 | $49,138-78.3% | $84,021-87.3% | $65,185-83.7% |
| Participation rate | 40.5% | 60.7%-20.2pp | 69.0%-28.5pp | 70.2%-29.7pp |
| Annual return | 24.98% | 23.00%+2.0pp | 71.32%-46.3pp | 29.38%-4.4pp |
| Employer contribution / active EE | $156 | $914-82.9% | $1,984-92.1% | $2,177-92.8% |
| Participant deferral / active EE | $1,702 | $2,397-29.0% | $3,239-47.5% | $3,514-51.6% |
| Admin fee / account holder | $6 | $543-98.9% | $6,102-99.9% | $847-99.3% |