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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $33,492 | $80,753-58.5% | $136,298-75.4% | $62,293-46.2% |
| Participation rate | 42.7% | 73.5%-30.8pp | 81.9%-39.2pp | 69.5%-26.8pp |
| Annual return | 16.87% | 35.83%-19.0pp | 5156.27%-5139.4pp | 28.90%-12.0pp |
| Employer contribution / active EE | $0 | $2,884-100.0% | $4,696-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $4,574 | $5,164-11.4% | $6,247-26.8% | $3,169+44.3% |
| Admin fee / account holder | $0 | $525-100.0% | $9,244-100.0% | $479-100.0% |