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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 | $20,279 | $91,559-77.9% | $133,971-84.9% | $79,852-74.6% |
| Participation rate | 60.0% | 73.3%-13.3pp | 79.8%-19.8pp | 69.6%-9.6pp |
| Annual return | 12.63% | 61.85%-49.2pp | 45.09%-32.5pp | 31.72%-19.1pp |
| Employer contribution / active EE | $821 | $2,384-65.6% | $3,919-79.1% | $2,471-66.8% |
| Participant deferral / active EE | $1,596 | $3,734-57.2% | $5,047-68.4% | $3,740-57.3% |
| Admin fee / account holder | $240 | $6,321-96.2% | $8,929-97.3% | $5,306-95.5% |