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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 | $22,399 | $42,546-47.4% | $71,796-68.8% | $55,167-59.4% |
| Participation rate | 39.1% | 59.1%-20.0pp | 69.1%-30.0pp | 69.0%-29.9pp |
| Annual return | 7.08% | 12.36%-5.3pp | 78.04%-71.0pp | 169.23%-162.2pp |
| Employer contribution / active EE | $111 | $803-86.2% | $1,924-94.3% | $1,963-94.4% |
| Participant deferral / active EE | $1,109 | $2,064-46.3% | $2,794-60.3% | $3,054-63.7% |
| Admin fee / account holder | $0 | $650-100.0% | $4,815-100.0% | $504-100.0% |