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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 | $19,646 | $44,873-56.2% | $79,466-75.3% | $56,287-65.1% |
| Participation rate | 51.9% | 68.7%-16.9pp | 73.3%-21.5pp | 69.9%-18.0pp |
| Annual return | -5.31% | 0.81%-6.1pp | 718.28%-723.6pp | -9.96%+4.6pp |
| Employer contribution / active EE | $338 | $2,140-84.2% | $2,800-87.9% | $2,111-84.0% |
| Participant deferral / active EE | $1,444 | $2,746-47.4% | $3,704-61.0% | $3,350-56.9% |
| Admin fee / account holder | $22 | $418-94.6% | $5,104-99.6% | $521-95.7% |