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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $118,932 | $51,244+132.1% | $80,977+46.9% | $55,167+115.6% |
| Participation rate | 60.6% | 71.7%-11.1pp | 75.8%-15.2pp | 69.0%-8.4pp |
| Annual return | 6.85% | 17.39%-10.5pp | 17.11%-10.3pp | 169.23%-162.4pp |
| Employer contribution / active EE | $0 | $1,770-100.0% | $3,715-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $5,525 | $4,418+25.1% | $5,696-3.0% | $3,054+80.9% |
| Admin fee / account holder | $7 | $398-98.3% | $5,517-99.9% | $504-98.6% |