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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).
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 | $20,488 | $80,177-74.4% | $123,894-83.5% | $57,658-64.5% |
| Participation rate | 46.7% | 74.4%-27.7pp | 81.4%-34.7pp | 70.2%-23.5pp |
| Annual return | 10.22% | 17.90%-7.7pp | 47.52%-37.3pp | 5.13%+5.1pp |
| Employer contribution / active EE | $1,016 | $2,913-65.1% | $4,617-78.0% | $1,974-48.5% |
| Participant deferral / active EE | $1,871 | $5,130-63.5% | $5,984-68.7% | $3,061-38.9% |
| Admin fee / account holder | $15 | $106-86.1% | $8,357-99.8% | $95-84.4% |