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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 | $16,662 | $70,587-76.4% | $124,693-86.6% | $85,856-80.6% |
| Participation rate | 38.0% | 64.4%-26.4pp | 74.6%-36.6pp | 69.3%-31.3pp |
| Annual return | 17.26% | 20688.83%-20671.6pp | 5144.19%-5126.9pp | 318.58%-301.3pp |
| Employer contribution / active EE | $1,059 | $1,913-44.6% | $3,324-68.1% | $2,565-58.7% |
| Participant deferral / active EE | $1,103 | $2,969-62.8% | $4,615-76.1% | $3,952-72.1% |
| Admin fee / account holder | $20 | $5,282-99.6% | $7,494-99.7% | $6,261-99.7% |