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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $18,774 | $50,498-62.8% | $75,784-75.2% | $55,191-66.0% |
| Participation rate | 41.7% | 69.4%-27.8pp | 75.8%-34.2pp | 69.2%-27.5pp |
| Annual return | -2.58% | 1.80%-4.4pp | 9.68%-12.3pp | 10.78%-13.4pp |
| Employer contribution / active EE | $373 | $2,291-83.7% | $3,323-88.8% | $1,899-80.4% |
| Participant deferral / active EE | $2,002 | $2,589-22.7% | $3,652-45.2% | $3,046-34.3% |
| Admin fee / account holder | $3 | $123-97.7% | $5,300-99.9% | $91-96.9% |