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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 | $7,775 | $56,894-86.3% | $84,753-90.8% | $62,881-87.6% |
| Participation rate | 36.6% | 68.5%-32.0pp | 76.6%-40.0pp | 69.3%-32.7pp |
| Annual return | 5.45% | 6.30%-0.9pp | 22.78%-17.3pp | 20.14%-14.7pp |
| Employer contribution / active EE | $664 | $2,400-72.3% | $3,574-81.4% | $2,281-70.9% |
| Participant deferral / active EE | $745 | $2,709-72.5% | $3,712-79.9% | $3,203-76.7% |
| Admin fee / account holder | $44 | $3,581-98.8% | $5,333-99.2% | $4,296-99.0% |