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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 | $28,113 | $46,745-39.9% | $60,547-53.6% | $52,331-46.3% |
| Participation rate | 60.0% | 58.6%+1.4pp | 68.0%-8.0pp | 68.1%-8.1pp |
| Annual return | -0.54% | 0.61%-1.2pp | 335.64%-336.2pp | 4.54%-5.1pp |
| Employer contribution / active EE | $0 | $1,259-100.0% | $2,419-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $786 | $2,145-63.4% | $3,328-76.4% | $3,022-74.0% |
| Admin fee / account holder | $6 | $537-98.9% | $4,536-99.9% | $592-99.0% |