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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 | $14,742 | $58,577-74.8% | $83,323-82.3% | $64,181-77.0% |
| Participation rate | 43.9% | 72.0%-28.1pp | 77.8%-33.9pp | 69.6%-25.7pp |
| Annual return | -7.82% | 9.65%-17.5pp | 10.63%-18.5pp | 7.63%-15.5pp |
| Employer contribution / active EE | $0 | $2,098-100.0% | $3,379-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,997 | $4,654-35.6% | $5,565-46.1% | $3,470-13.6% |
| Admin fee / account holder | $22 | $9,275-99.8% | $7,539-99.7% | $4,887-99.6% |