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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 | $38,103 | $80,753-52.8% | $136,298-72.0% | $62,293-38.8% |
| Participation rate | 10.4% | 73.5%-63.1pp | 81.9%-71.5pp | 69.5%-59.1pp |
| Annual return | 23.42% | 35.83%-12.4pp | 5156.27%-5132.8pp | 28.90%-5.5pp |
| Employer contribution / active EE | $0 | $2,884-100.0% | $4,696-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,150 | $5,164-77.7% | $6,247-81.6% | $3,169-63.7% |
| Admin fee / account holder | $123 | $525-76.5% | $9,244-98.7% | $479-74.3% |