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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $5,052 | $32,425-84.4% | $74,577-93.2% | $55,167-90.8% |
| Participation rate | 51.9% | 54.0%-2.1pp | 68.1%-16.3pp | 69.0%-17.1pp |
| Annual return | 6.02% | 10.63%-4.6pp | 20.47%-14.4pp | 169.23%-163.2pp |
| Employer contribution / active EE | $252 | $1,043-75.9% | $2,525-90.0% | $1,963-87.2% |
| Participant deferral / active EE | $735 | $1,995-63.2% | $3,458-78.8% | $3,054-75.9% |
| Admin fee / account holder | $25 | $748-96.6% | $4,138-99.4% | $504-95.0% |