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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $5,164 | $29,369-82.4% | $77,513-93.3% | $73,412-93.0% |
| Participation rate | 10.6% | 37.9%-27.4pp | 54.2%-43.6pp | 72.2%-61.6pp |
| Annual return | 31.52% | 358.15%-326.6pp | 54.81%-23.3pp | 59.30%-27.8pp |
| Employer contribution / active EE | $114 | $406-71.9% | $987-88.4% | $2,234-94.9% |
| Participant deferral / active EE | $248 | $941-73.6% | $1,861-86.6% | $3,806-93.5% |
| Admin fee / account holder | $56 | $123-54.5% | $2,859-98.0% | $158-64.7% |