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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 | $14,179 | $28,109-49.6% | $71,089-80.1% | $56,289-74.8% |
| Participation rate | 39.1% | 40.4%-1.3pp | 54.6%-15.6pp | 69.9%-30.8pp |
| Annual return | -5.86% | -615.05%+609.2pp | 650.65%-656.5pp | -9.96%+4.1pp |
| Employer contribution / active EE | $406 | $558-27.2% | $1,088-62.7% | $2,111-80.8% |
| Participant deferral / active EE | $748 | $1,116-32.9% | $1,873-60.0% | $3,350-77.7% |
| Admin fee / account holder | $173 | $585-70.4% | $3,082-94.4% | $521-66.8% |