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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $22,624 | $35,485-36.2% | $74,551-69.7% | $55,725-59.4% |
| Participation rate | 19.0% | 62.5%-43.5pp | 69.1%-50.1pp | 70.9%-51.8pp |
| Annual return | -1.90% | 0.72%-2.6pp | 32.53%-34.4pp | 244.93%-246.8pp |
| Employer contribution / active EE | $511 | $777-34.2% | $1,961-73.9% | $2,078-75.4% |
| Participant deferral / active EE | $915 | $2,181-58.0% | $3,108-70.6% | $3,356-72.7% |
| Admin fee / account holder | $6 | $114-94.5% | $5,059-99.9% | $115-94.6% |