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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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $44,092 | $123,793-64.4% | $177,840-75.2% | $79,852-44.8% |
| Participation rate | 7.6% | 84.7%-77.0pp | 87.7%-80.1pp | 69.6%-62.0pp |
| Annual return | 17.36% | 22.82%-5.5pp | 48.32%-31.0pp | 31.72%-14.4pp |
| Employer contribution / active EE | $0 | $4,095-100.0% | $5,919-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $186 | $5,956-96.9% | $7,714-97.6% | $3,740-95.0% |
| Admin fee / account holder | $98 | $7,243-98.7% | $12,431-99.2% | $5,306-98.2% |