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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 | $13,408 | $88,042-84.8% | $138,135-90.3% | $79,856-83.2% |
| Participation rate | 23.8% | 71.4%-47.6pp | 78.7%-54.9pp | 69.6%-45.8pp |
| Annual return | 150.25% | 20.58%+129.7pp | 20.51%+129.7pp | 31.71%+118.5pp |
| Employer contribution / active EE | $425 | $3,103-86.3% | $5,587-92.4% | $2,471-82.8% |
| Participant deferral / active EE | $2,118 | $4,704-55.0% | $6,431-67.1% | $3,741-43.4% |
| Admin fee / account holder | $261 | $7,791-96.6% | $11,856-97.8% | $5,306-95.1% |