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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 | $21,918 | $168,635-87.0% | $147,617-85.2% | $125,389-82.5% |
| Participation rate | 44.4% | 88.8%-44.3pp | 84.6%-40.2pp | 83.2%-38.7pp |
| Annual return | 3.35% | 77.65%-74.3pp | 61.98%-58.6pp | 282.24%-278.9pp |
| Employer contribution / active EE | $222 | $6,252-96.4% | $5,564-96.0% | $4,866-95.4% |
| Participant deferral / active EE | $3,428 | $5,507-37.8% | $4,895-30.0% | $5,352-35.9% |
| Admin fee / account holder | $0 | $13,580-100.0% | $11,612-100.0% | $9,541-100.0% |