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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 | $7,297 | $32,117-77.3% | $71,089-89.7% | $64,173-88.6% |
| Participation rate | 9.9% | 42.7%-32.8pp | 54.6%-44.8pp | 69.6%-59.7pp |
| Annual return | 0.00% | -5.57%+5.6pp | 650.65%-650.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $298 | $712-58.2% | $1,088-72.6% | $2,381-87.5% |
| Participant deferral / active EE | $926 | $1,263-26.7% | $1,873-50.6% | $3,470-73.3% |
| Admin fee / account holder | $55 | $2,759-98.0% | $3,082-98.2% | $4,887-98.9% |