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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.
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 | $14,866 | $72,404-79.5% | $110,243-86.5% | $64,173-76.8% |
| Participation rate | 54.9% | 73.3%-18.4pp | 79.8%-24.9pp | 69.6%-14.6pp |
| Annual return | -9.60% | -6.29%-3.3pp | 314.76%-324.4pp | 7.63%-17.2pp |
| Employer contribution / active EE | $2,271 | $2,282-0.5% | $3,827-40.7% | $2,381-4.6% |
| Participant deferral / active EE | $3,533 | $3,469+1.8% | $4,672-24.4% | $3,470+1.8% |
| Admin fee / account holder | $19 | $5,664-99.7% | $8,548-99.8% | $4,887-99.6% |