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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 | $36,451 | $36,916-1.3% | $156,551-76.7% | $57,658-36.8% |
| Participation rate | 16.9% | 63.4%-46.5pp | 84.0%-67.1pp | 70.2%-53.3pp |
| Annual return | 7.75% | 12.38%-4.6pp | 32.23%-24.5pp | 5.13%+2.6pp |
| Employer contribution / active EE | $0 | $1,571-100.0% | $5,501-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $723 | $1,926-62.5% | $4,871-85.2% | $3,061-76.4% |
| Admin fee / account holder | $11 | $82-86.2% | $13,028-99.9% | $95-87.9% |