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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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $37,640 | $94,529-60.2% | $140,019-73.1% | $64,173-41.3% |
| Participation rate | 9.9% | 84.1%-74.2pp | 87.5%-77.6pp | 69.6%-59.7pp |
| Annual return | -4.89% | 7.77%-12.7pp | 651.15%-656.0pp | 7.63%-12.5pp |
| Employer contribution / active EE | $0 | $3,812-100.0% | $5,605-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $282 | $5,250-94.6% | $6,927-95.9% | $3,470-91.9% |
| Admin fee / account holder | $34 | $6,741-99.5% | $10,705-99.7% | $4,887-99.3% |