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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $24,015 | $38,595-37.8% | $80,004-70.0% | $52,331-54.1% |
| Participation rate | 65.8% | 64.5%+1.3pp | 73.0%-7.2pp | 68.1%-2.3pp |
| Annual return | -0.57% | 2.04%-2.6pp | 7.63%-8.2pp | 4.54%-5.1pp |
| Employer contribution / active EE | $2,031 | $1,133+79.2% | $2,473-17.9% | $1,882+7.9% |
| Participant deferral / active EE | $3,280 | $2,318+41.5% | $3,204+2.4% | $3,022+8.5% |
| Admin fee / account holder | -$6 | $304-102.1% | $5,033-100.1% | $592-101.1% |