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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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.
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 | $7,719 | $47,848-83.9% | $81,473-90.5% | $70,126-89.0% |
| Participation rate | 46.7% | 58.3%-11.6pp | 68.0%-21.3pp | 69.5%-22.9pp |
| Annual return | 12.86% | 27.25%-14.4pp | 38.78%-25.9pp | 73.15%-60.3pp |
| Employer contribution / active EE | $285 | $1,527-81.3% | $2,568-88.9% | $2,343-87.8% |
| Participant deferral / active EE | $785 | $2,453-68.0% | $3,537-77.8% | $3,332-76.4% |
| Admin fee / account holder | $90 | $3,145-97.2% | $4,561-98.0% | $4,645-98.1% |