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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 | $24,784 | $202,342-87.8% | $172,752-85.7% | $152,897-83.8% |
| Participation rate | 55.6% | 87.1%-31.5pp | 82.6%-27.1pp | 82.5%-26.9pp |
| Annual return | 22.23% | 1029.83%-1007.6pp | 802.97%-780.7pp | 345.43%-323.2pp |
| Employer contribution / active EE | $938 | $5,858-84.0% | $5,144-81.8% | $4,764-80.3% |
| Participant deferral / active EE | $4,847 | $5,948-18.5% | $5,198-6.7% | $5,851-17.2% |
| Admin fee / account holder | $157 | $17,111-99.1% | $13,955-98.9% | $11,599-98.6% |