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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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,922 | $74,024-87.9% | $78,002-88.6% | $57,658-84.5% |
| Participation rate | 45.4% | 79.7%-34.4pp | 75.5%-30.1pp | 70.2%-24.8pp |
| Annual return | 9.09% | 12.14%-3.0pp | 425.99%-416.9pp | 5.13%+4.0pp |
| Employer contribution / active EE | $609 | $2,365-74.3% | $2,470-75.4% | $1,974-69.2% |
| Participant deferral / active EE | $1,029 | $3,533-70.9% | $3,497-70.6% | $3,061-66.4% |
| Admin fee / account holder | $39 | $93-58.0% | $5,481-99.3% | $95-58.6% |