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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).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,205 | $65,034-65.9% | $90,970-75.6% | $79,856-72.2% |
| Participation rate | 66.7% | 61.6%+5.1pp | 69.0%-2.3pp | 69.6%-3.0pp |
| Annual return | 13.94% | 30.45%-16.5pp | 134.60%-120.7pp | 31.71%-17.8pp |
| Employer contribution / active EE | $0 | $1,247-100.0% | $2,122-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,963 | $2,512-21.9% | $3,373-41.8% | $3,741-47.5% |
| Admin fee / account holder | $207 | $4,536-95.4% | $5,961-96.5% | $5,306-96.1% |