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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 | $13,360 | $83,908-84.1% | $68,509-80.5% | $125,389-89.3% |
| Participation rate | 60.0% | 78.2%-18.2pp | 74.7%-14.7pp | 83.2%-23.2pp |
| Annual return | 2.24% | 14.48%-12.2pp | 8.27%-6.0pp | 282.24%-280.0pp |
| Employer contribution / active EE | $4,761 | $3,031+57.1% | $2,278+109.0% | $4,866-2.2% |
| Participant deferral / active EE | $327 | $4,125-92.1% | $3,382-90.3% | $5,352-93.9% |
| Admin fee / account holder | $154 | $8,982-98.3% | $5,275-97.1% | $9,541-98.4% |