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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 | $14,297 | $54,573-73.8% | $90,970-84.3% | $73,497-80.5% |
| Participation rate | 35.6% | 61.2%-25.6pp | 69.0%-33.4pp | 70.7%-35.1pp |
| Annual return | 18.33% | 16.69%+1.6pp | 134.60%-116.3pp | 28.51%-10.2pp |
| Employer contribution / active EE | $152 | $991-84.7% | $2,122-92.9% | $2,270-93.3% |
| Participant deferral / active EE | $1,561 | $2,517-38.0% | $3,373-53.7% | $3,740-58.3% |
| Admin fee / account holder | $11 | $521-97.9% | $5,961-99.8% | $513-97.8% |