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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $9,213 | $59,804-84.6% | $81,982-88.8% | $79,856-88.5% |
| Participation rate | 49.4% | 61.6%-12.2pp | 69.3%-19.9pp | 69.6%-20.3pp |
| Annual return | 0.00% | 17.56%-17.6pp | 41.31%-41.3pp | 31.71%-31.7pp |
| Employer contribution / active EE | $963 | $1,713-43.8% | $2,498-61.5% | $2,471-61.0% |
| Participant deferral / active EE | $1,330 | $2,695-50.6% | $3,722-64.3% | $3,741-64.4% |
| Admin fee / account holder | $25 | $4,288-99.4% | $5,665-99.6% | $5,306-99.5% |