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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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,467 | $106,236-85.4% | $112,258-86.2% | $64,814-76.1% |
| Participation rate | 42.3% | 71.7%-29.3pp | 75.1%-32.7pp | 71.5%-29.1pp |
| Annual return | -15.19% | -6.02%-9.2pp | 27.47%-42.7pp | 32.84%-48.0pp |
| Employer contribution / active EE | $1,279 | $3,166-59.6% | $3,636-64.8% | $2,507-49.0% |
| Participant deferral / active EE | $1,420 | $3,785-62.5% | $4,728-70.0% | $4,310-67.1% |
| Admin fee / account holder | $19 | $452-95.9% | $6,411-99.7% | $188-90.1% |