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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $5,774 | $95,404-93.9% | $113,397-94.9% | $82,637-93.0% |
| Participation rate | 60.7% | 72.8%-12.1pp | 76.5%-15.8pp | 68.1%-7.3pp |
| Annual return | 21.45% | 19.08%+2.4pp | 23.20%-1.8pp | 53.51%-32.1pp |
| Employer contribution / active EE | $1,053 | $2,307-54.3% | $2,977-64.6% | $2,552-58.7% |
| Participant deferral / active EE | $1,075 | $4,220-74.5% | $5,076-78.8% | $4,126-74.0% |
| Admin fee / account holder | $106 | $9,168-98.8% | $11,957-99.1% | $7,339-98.6% |