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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $50,040 | $60,165-16.8% | $74,184-32.5% | $55,167-9.3% |
| Participation rate | 52.3% | 74.2%-21.9pp | 76.6%-24.4pp | 69.0%-16.7pp |
| Annual return | 6.22% | 10.00%-3.8pp | 17.74%-11.5pp | 169.23%-163.0pp |
| Employer contribution / active EE | $392 | $1,600-75.5% | $2,370-83.5% | $1,963-80.0% |
| Participant deferral / active EE | $2,614 | $2,973-12.1% | $3,550-26.4% | $3,054-14.4% |
| Admin fee / account holder | $0 | $419-100.0% | $5,586-100.0% | $504-100.0% |