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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 | $19,439 | $118,708-83.6% | $98,920-80.3% | $158,982-87.8% |
| Participation rate | 63.6% | 77.8%-14.2pp | 76.0%-12.4pp | 82.0%-18.3pp |
| Annual return | 21.52% | 372.49%-351.0pp | 196.47%-175.0pp | 302.99%-281.5pp |
| Employer contribution / active EE | $937 | $3,334-71.9% | $2,689-65.2% | $4,763-80.3% |
| Participant deferral / active EE | $1,016 | $5,089-80.0% | $4,245-76.1% | $5,983-83.0% |
| Admin fee / account holder | $294 | $10,134-97.1% | $6,643-95.6% | $11,252-97.4% |