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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 | $18,970 | $57,108-66.8% | $94,229-79.9% | $52,331-63.8% |
| Participation rate | 51.1% | 72.9%-21.9pp | 78.8%-27.7pp | 68.1%-17.0pp |
| Annual return | -0.66% | 1.47%-2.1pp | 10.68%-11.3pp | 4.54%-5.2pp |
| Employer contribution / active EE | $1,325 | $1,735-23.6% | $3,587-63.1% | $1,882-29.6% |
| Participant deferral / active EE | $2,730 | $3,040-10.2% | $4,320-36.8% | $3,022-9.7% |
| Admin fee / account holder | $4 | $546-99.3% | $6,269-99.9% | $592-99.4% |