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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 | $5,979 | $67,894-91.2% | $89,340-93.3% | $82,448-92.7% |
| Participation rate | 53.2% | 64.0%-10.8pp | 69.6%-16.3pp | 68.1%-14.8pp |
| Annual return | 21.59% | 19.21%+2.4pp | 20.57%+1.0pp | 41.64%-20.1pp |
| Employer contribution / active EE | $600 | $1,828-67.2% | $2,231-73.1% | $2,551-76.5% |
| Participant deferral / active EE | $801 | $3,072-73.9% | $3,823-79.0% | $4,139-80.6% |
| Admin fee / account holder | $33 | $5,723-99.4% | $6,704-99.5% | $7,234-99.5% |