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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 | $5,602 | $73,848-92.4% | $143,799-96.1% | $68,486-91.8% |
| Participation rate | 26.4% | 66.7%-40.3pp | 80.3%-53.9pp | 67.9%-41.5pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $523 | $3,184-83.6% | $4,952-89.4% | $2,597-79.8% |
| Participant deferral / active EE | $1,304 | $3,385-61.5% | $5,638-76.9% | $4,028-67.6% |
| Admin fee / account holder | $27 | $5,755-99.5% | $14,677-99.8% | $5,404-99.5% |