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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 | $2,188 | $56,197-96.1% | $67,652-96.8% | $59,633-96.3% |
| Participation rate | 40.0% | 71.5%-31.5pp | 75.7%-35.7pp | 68.7%-28.7pp |
| Annual return | 0.00% | 18508.10%-18508.1pp | 6625.40%-6625.4pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $0 | $1,615-100.0% | $2,266-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $887 | $2,844-68.8% | $3,560-75.1% | $3,192-72.2% |
| Admin fee / account holder | $13 | $3,958-99.7% | $4,821-99.7% | $4,297-99.7% |