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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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $25,008 | $56,152-55.5% | $185,835-86.5% | $73,412-65.9% |
| Participation rate | 27.0% | 67.6%-40.6pp | 78.0%-51.1pp | 72.2%-45.2pp |
| Annual return | 0.00% | 17.59%-17.6pp | 35.96%-36.0pp | 59.30%-59.3pp |
| Employer contribution / active EE | $515 | $1,532-66.4% | $4,087-87.4% | $2,234-76.9% |
| Participant deferral / active EE | $797 | $3,659-78.2% | $5,633-85.8% | $3,806-79.0% |
| Admin fee / account holder | $73 | $132-44.5% | $9,502-99.2% | $158-53.6% |