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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 | $4,842 | $26,549-81.8% | $61,452-92.1% | $66,938-92.8% |
| Participation rate | 12.4% | 38.1%-25.7pp | 52.6%-40.2pp | 69.8%-57.4pp |
| Annual return | 0.00% | -16.21%+16.2pp | 338.96%-339.0pp | 1.58%-1.6pp |
| Employer contribution / active EE | $357 | $651-45.2% | $1,160-69.2% | $2,545-86.0% |
| Participant deferral / active EE | $308 | $1,338-77.0% | $2,125-85.5% | $4,238-92.7% |
| Admin fee / account holder | $24 | $409-94.1% | $2,131-98.9% | $594-95.9% |