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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 | $9,785 | $31,109-68.5% | $67,704-85.5% | $52,331-81.3% |
| Participation rate | 48.3% | 54.0%-5.7pp | 67.5%-19.3pp | 68.1%-19.8pp |
| Annual return | -0.57% | 23.70%-24.3pp | 25.41%-26.0pp | 4.54%-5.1pp |
| Employer contribution / active EE | $364 | $1,076-66.1% | $2,559-85.8% | $1,882-80.6% |
| Participant deferral / active EE | $1,206 | $1,970-38.8% | $3,585-66.4% | $3,022-60.1% |
| Admin fee / account holder | $3 | $466-99.5% | $4,255-99.9% | $592-99.6% |