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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 | $48,631 | $33,745+44.1% | $64,105-24.1% | $55,191-11.9% |
| Participation rate | 36.0% | 59.4%-23.4pp | 68.2%-32.2pp | 69.2%-33.2pp |
| Annual return | 0.42% | 4.95%-4.5pp | 791.24%-790.8pp | 10.78%-10.4pp |
| Employer contribution / active EE | $0 | $641-100.0% | $1,820-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $1,664 | $1,929-13.8% | $2,822-41.0% | $3,046-45.4% |
| Admin fee / account holder | $19 | $94-80.1% | $4,499-99.6% | $91-79.3% |