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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $15,896 | $50,385-68.5% | $75,501-78.9% | $62,293-74.5% |
| Participation rate | 50.7% | 67.7%-17.0pp | 72.4%-21.6pp | 69.5%-18.8pp |
| Annual return | 15.22% | 19.90%-4.7pp | 27.35%-12.1pp | 28.90%-13.7pp |
| Employer contribution / active EE | $942 | $1,537-38.7% | $2,352-59.9% | $2,042-53.9% |
| Participant deferral / active EE | $1,637 | $2,445-33.0% | $3,142-47.9% | $3,169-48.3% |
| Admin fee / account holder | $9 | $384-97.7% | $5,801-99.8% | $479-98.2% |