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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.
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 | $48,141 | $49,138-2.0% | $84,021-42.7% | $65,185-26.1% |
| Participation rate | 13.4% | 60.7%-47.3pp | 69.0%-55.6pp | 70.2%-56.8pp |
| Annual return | 22.83% | 23.00%-0.2pp | 71.32%-48.5pp | 29.38%-6.6pp |
| Employer contribution / active EE | $0 | $914-100.0% | $1,984-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $120 | $2,397-95.0% | $3,239-96.3% | $3,514-96.6% |
| Admin fee / account holder | $15 | $543-97.2% | $6,102-99.8% | $847-98.2% |