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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $28,360 | $67,602-58.0% | $82,312-65.5% | $70,126-59.6% |
| Participation rate | 61.9% | 72.8%-10.9pp | 76.9%-15.0pp | 69.5%-7.6pp |
| Annual return | 16.99% | 21.57%-4.6pp | 25.88%-8.9pp | 73.15%-56.2pp |
| Employer contribution / active EE | $963 | $1,755-45.1% | $2,428-60.4% | $2,343-58.9% |
| Participant deferral / active EE | $2,402 | $2,987-19.6% | $3,706-35.2% | $3,332-27.9% |
| Admin fee / account holder | $39 | $4,512-99.1% | $5,608-99.3% | $4,645-99.2% |