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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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,998 | $80,138-78.8% | $130,231-86.9% | $71,511-76.2% |
| Participation rate | 64.7% | 71.0%-6.3pp | 76.3%-11.6pp | 67.9%-3.2pp |
| Annual return | 22.71% | 16.81%+5.9pp | 38.86%-16.2pp | 28.86%-6.1pp |
| Employer contribution / active EE | $664 | $2,834-76.6% | $4,126-83.9% | $2,589-74.4% |
| Participant deferral / active EE | $3,190 | $4,641-31.3% | $6,799-53.1% | $4,291-25.6% |
| Admin fee / account holder | $178 | $1,035-82.8% | $6,020-97.0% | $1,588-88.8% |