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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $8,948 | $37,446-76.1% | $77,552-88.5% | $79,856-88.8% |
| Participation rate | 34.8% | 41.5%-6.7pp | 54.2%-19.3pp | 69.6%-34.8pp |
| Annual return | 15.81% | 39.76%-23.9pp | 54.82%-39.0pp | 31.71%-15.9pp |
| Employer contribution / active EE | $213 | $637-66.5% | $987-78.4% | $2,471-91.4% |
| Participant deferral / active EE | $1,387 | $1,261+10.0% | $1,861-25.5% | $3,741-62.9% |
| Admin fee / account holder | $112 | $2,506-95.5% | $2,859-96.1% | $5,306-97.9% |