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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 | $1,484 | $51,222-97.1% | $70,544-97.9% | $75,173-98.0% |
| Participation rate | 68.8% | 61.0%+7.8pp | 68.4%+0.4pp | 67.2%+1.5pp |
| Annual return | 57.68% | 30.06%+27.6pp | 32.79%+24.9pp | 160.72%-103.0pp |
| Employer contribution / active EE | $401 | $1,827-78.1% | $2,976-86.5% | $2,671-85.0% |
| Participant deferral / active EE | $762 | $2,850-73.3% | $4,568-83.3% | $4,126-81.5% |
| Admin fee / account holder | $49 | $4,096-98.8% | $6,427-99.2% | $5,651-99.1% |