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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 | $20,776 | $155,795-86.7% | $136,297-84.8% | $69,631-70.2% |
| Participation rate | 66.5% | 75.2%-8.7pp | 81.9%-15.4pp | 70.7%-4.2pp |
| Annual return | 16.52% | 232464.33%-232447.8pp | 5156.19%-5139.7pp | 27571.02%-27554.5pp |
| Employer contribution / active EE | $816 | $2,991-72.7% | $4,696-82.6% | $2,032-59.8% |
| Participant deferral / active EE | $1,321 | $5,394-75.5% | $6,247-78.9% | $3,224-59.0% |
| Admin fee / account holder | $46 | $128-64.1% | $9,244-99.5% | $110-58.3% |