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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 | $28,515 | $51,244-44.4% | $80,977-64.8% | $55,167-48.3% |
| Participation rate | 28.1% | 71.7%-43.6pp | 75.8%-47.7pp | 69.0%-40.9pp |
| Annual return | 7.96% | 17.39%-9.4pp | 17.11%-9.1pp | 169.23%-161.3pp |
| Employer contribution / active EE | $641 | $1,770-63.8% | $3,715-82.8% | $1,963-67.4% |
| Participant deferral / active EE | $687 | $4,418-84.5% | $5,696-87.9% | $3,054-77.5% |
| Admin fee / account holder | $46 | $398-88.5% | $5,517-99.2% | $504-91.0% |