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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 | $6,635 | $73,863-91.0% | $143,797-95.4% | $68,490-90.3% |
| Participation rate | 57.1% | 66.7%-9.5pp | 80.3%-23.2pp | 67.9%-10.8pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $852 | $3,185-73.2% | $4,952-82.8% | $2,597-67.2% |
| Participant deferral / active EE | $2,200 | $3,385-35.0% | $5,638-61.0% | $4,028-45.4% |
| Admin fee / account holder | $40 | $5,756-99.3% | $14,679-99.7% | $5,403-99.3% |