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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 | $7,658 | $25,723-70.2% | $69,182-88.9% | $55,167-86.1% |
| Participation rate | 48.3% | 39.4%+8.9pp | 55.1%-6.8pp | 69.0%-20.7pp |
| Annual return | 6.74% | 9.56%-2.8pp | -21.93%+28.7pp | 169.23%-162.5pp |
| Employer contribution / active EE | $461 | $480-4.0% | $1,206-61.8% | $1,963-76.5% |
| Participant deferral / active EE | $1,050 | $963+9.0% | $1,897-44.6% | $3,054-65.6% |
| Admin fee / account holder | $49 | $365-86.6% | $2,697-98.2% | $504-90.3% |