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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 | $16,163 | $70,917-77.2% | $98,920-83.7% | $73,497-78.0% |
| Participation rate | 48.5% | 73.8%-25.3pp | 76.0%-27.5pp | 70.7%-22.1pp |
| Annual return | 22.14% | 34.18%-12.0pp | 196.47%-174.3pp | 28.51%-6.4pp |
| Employer contribution / active EE | $597 | $2,037-70.7% | $2,689-77.8% | $2,270-73.7% |
| Participant deferral / active EE | $759 | $3,501-78.3% | $4,245-82.1% | $3,740-79.7% |
| Admin fee / account holder | $285 | $535-46.6% | $6,643-95.7% | $513-44.4% |