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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.
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 | $78,086 | $58,655+33.1% | $91,994-15.1% | $65,186+19.8% |
| Participation rate | 25.0% | 75.3%-50.3pp | 78.6%-53.6pp | 70.2%-45.2pp |
| Annual return | 21.56% | 33.92%-12.4pp | 69.04%-47.5pp | 29.39%-7.8pp |
| Employer contribution / active EE | $0 | $2,080-100.0% | $3,453-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $865 | $5,474-84.2% | $5,924-85.4% | $3,514-75.4% |
| Admin fee / account holder | $0 | $434-100.0% | $7,744-100.0% | $847-100.0% |