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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $4,126 | $53,412-92.3% | $68,509-94.0% | $52,331-92.1% |
| Participation rate | 64.9% | 71.7%-6.8pp | 74.7%-9.8pp | 68.1%-3.2pp |
| Annual return | 0.00% | 3.42%-3.4pp | 8.27%-8.3pp | 4.54%-4.5pp |
| Employer contribution / active EE | $1,237 | $1,607-23.0% | $2,278-45.7% | $1,882-34.3% |
| Participant deferral / active EE | $1,764 | $2,688-34.4% | $3,382-47.9% | $3,022-41.6% |
| Admin fee / account holder | $18 | $461-96.1% | $5,275-99.7% | $592-96.9% |