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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 | $17,205 | $32,425-46.9% | $74,577-76.9% | $55,167-68.8% |
| Participation rate | 14.9% | 54.0%-39.1pp | 68.1%-53.2pp | 69.0%-54.1pp |
| Annual return | 11.96% | 10.63%+1.3pp | 20.47%-8.5pp | 169.23%-157.3pp |
| Employer contribution / active EE | $116 | $1,043-88.9% | $2,525-95.4% | $1,963-94.1% |
| Participant deferral / active EE | $941 | $1,995-52.8% | $3,458-72.8% | $3,054-69.2% |
| Admin fee / account holder | $158 | $748-78.8% | $4,138-96.2% | $504-68.6% |