Filed October 26, 2016 (most recent of 7 filings on file)
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,321 | $110,106-48.8% | $151,634-62.9% | $68,494-17.8% |
| Participation rate | 2.5% | 84.0%-81.4pp | 87.5%-85.0pp | 67.9%-65.4pp |
| Annual return | -18.45% | -10.24%-8.2pp | 3.32%-21.8pp | -7.86%-10.6pp |
| Employer contribution / active EE | $718 | $4,470-83.9% | $6,165-88.4% | $2,597-72.3% |
| Participant deferral / active EE | $3,260 | $6,527-50.0% | $8,363-61.0% | $4,028-19.1% |
| Admin fee / account holder | $68 | $7,719-99.1% | $11,614-99.4% | $5,403-98.7% |