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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 | $20,201 | $104,251-80.6% | $91,004-77.8% | $147,586-86.3% |
| Participation rate | 66.7% | 78.2%-11.6pp | 75.6%-8.9pp | 82.8%-16.2pp |
| Annual return | 20.91% | 27.06%-6.2pp | 4.60%+16.3pp | 578.59%-557.7pp |
| Employer contribution / active EE | $0 | $3,116-100.0% | $2,456-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $202 | $4,195-95.2% | $3,548-94.3% | $5,439-96.3% |
| Admin fee / account holder | $55 | $8,948-99.4% | $5,417-99.0% | $10,886-99.5% |