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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 | $34,558 | $91,559-62.3% | $133,971-74.2% | $79,852-56.7% |
| Participation rate | 41.8% | 73.3%-31.6pp | 79.8%-38.1pp | 69.6%-27.9pp |
| Annual return | 17.06% | 61.85%-44.8pp | 45.09%-28.0pp | 31.72%-14.7pp |
| Employer contribution / active EE | $355 | $2,384-85.1% | $3,919-90.9% | $2,471-85.6% |
| Participant deferral / active EE | $2,437 | $3,734-34.7% | $5,047-51.7% | $3,740-34.8% |
| Admin fee / account holder | $102 | $6,321-98.4% | $8,929-98.9% | $5,306-98.1% |