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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $58,929 | $55,684+5.8% | $75,900-22.4% | $72,976-19.2% |
| Participation rate | 39.7% | 61.1%-21.4pp | 69.3%-29.6pp | 69.5%-29.8pp |
| Annual return | 19.60% | 27.60%-8.0pp | 30.73%-11.1pp | 81.02%-61.4pp |
| Employer contribution / active EE | -$1 | $1,687-100.1% | $2,501-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $3,903 | $2,634+48.2% | $3,604+8.3% | $3,608+8.2% |
| Admin fee / account holder | $23 | $3,981-99.4% | $5,421-99.6% | $5,124-99.5% |