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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 | $20,337 | $60,349-66.3% | $74,184-72.6% | $62,881-67.7% |
| Participation rate | 58.6% | 72.7%-14.1pp | 76.6%-18.0pp | 69.3%-10.7pp |
| Annual return | 9.81% | 21.38%-11.6pp | 17.74%-7.9pp | 20.14%-10.3pp |
| Employer contribution / active EE | $1,006 | $1,680-40.1% | $2,370-57.6% | $2,281-55.9% |
| Participant deferral / active EE | $2,050 | $2,856-28.2% | $3,550-42.2% | $3,203-36.0% |
| Admin fee / account holder | $47 | $4,261-98.9% | $5,586-99.2% | $4,296-98.9% |