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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 | $34,521 | $75,183-54.1% | $123,894-72.1% | $55,167-37.4% |
| Participation rate | 30.2% | 72.8%-42.6pp | 81.4%-51.2pp | 69.0%-38.8pp |
| Annual return | 7.16% | 19.01%-11.8pp | 47.52%-40.4pp | 169.23%-162.1pp |
| Employer contribution / active EE | $846 | $2,823-70.0% | $4,617-81.7% | $1,963-56.9% |
| Participant deferral / active EE | $1,250 | $5,084-75.4% | $5,984-79.1% | $3,054-59.1% |
| Admin fee / account holder | $4 | $663-99.4% | $8,357-100.0% | $504-99.2% |