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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 | $45,741 | $47,848-4.4% | $81,473-43.9% | $70,126-34.8% |
| Participation rate | 47.8% | 58.3%-10.5pp | 68.0%-20.2pp | 69.5%-21.8pp |
| Annual return | 15.96% | 27.25%-11.3pp | 38.78%-22.8pp | 73.15%-57.2pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $2,244 | $2,453-8.5% | $3,537-36.6% | $3,332-32.7% |
| Admin fee / account holder | $85 | $3,145-97.3% | $4,561-98.1% | $4,645-98.2% |