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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 | $4,863 | $46,534-89.5% | $64,097-92.4% | $75,177-93.5% |
| Participation rate | 52.1% | 65.9%-13.8pp | 72.3%-20.2pp | 67.2%-15.1pp |
| Annual return | 23.95% | 26.07%-2.1pp | 33.75%-9.8pp | 160.75%-136.8pp |
| Employer contribution / active EE | $606 | $1,976-69.3% | $2,750-78.0% | $2,671-77.3% |
| Participant deferral / active EE | $610 | $2,835-78.5% | $3,881-84.3% | $4,126-85.2% |
| Admin fee / account holder | $59 | $2,957-98.0% | $3,070-98.1% | $5,651-99.0% |