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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,375 | $46,360-84.1% | $147,617-95.0% | $52,331-85.9% |
| Participation rate | 20.1% | 64.9%-44.8pp | 84.6%-64.5pp | 68.1%-48.0pp |
| Annual return | 3.20% | 1.62%+1.6pp | 61.98%-58.8pp | 4.54%-1.3pp |
| Employer contribution / active EE | $282 | $2,126-86.8% | $5,564-94.9% | $1,882-85.0% |
| Participant deferral / active EE | $1,094 | $2,258-51.5% | $4,895-77.7% | $3,022-63.8% |
| Admin fee / account holder | $28 | $766-96.4% | $11,612-99.8% | $592-95.3% |