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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 | $10,006 | $110,083-90.9% | $151,639-93.4% | $68,486-85.4% |
| Participation rate | 69.1% | 84.0%-14.8pp | 87.5%-18.4pp | 67.9%+1.2pp |
| Annual return | 0.00% | -10.12%+10.1pp | 3.34%-3.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,509 | $4,470-66.2% | $6,165-75.5% | $2,597-41.9% |
| Participant deferral / active EE | $2,586 | $6,526-60.4% | $8,363-69.1% | $4,028-35.8% |
| Admin fee / account holder | $54 | $7,718-99.3% | $11,613-99.5% | $5,404-99.0% |