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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $34,828 | $25,723+35.4% | $69,182-49.7% | $55,167-36.9% |
| Participation rate | 42.2% | 39.4%+2.7pp | 55.1%-12.9pp | 69.0%-26.8pp |
| Annual return | 8.08% | 9.56%-1.5pp | -21.93%+30.0pp | 169.23%-161.2pp |
| Employer contribution / active EE | $0 | $480-100.0% | $1,206-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $943 | $963-2.1% | $1,897-50.3% | $3,054-69.1% |
| Admin fee / account holder | $0 | $365-100.0% | $2,697-100.0% | $504-100.0% |