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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $32,417 | $80,177-59.6% | $123,894-73.8% | $57,658-43.8% |
| Participation rate | 27.8% | 74.4%-46.7pp | 81.4%-53.7pp | 70.2%-42.5pp |
| Annual return | 6.13% | 17.90%-11.8pp | 47.52%-41.4pp | 5.13%+1.0pp |
| Employer contribution / active EE | $0 | $2,913-100.0% | $4,617-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $2,852 | $5,130-44.4% | $5,984-52.3% | $3,061-6.8% |
| Admin fee / account holder | $2 | $106-98.3% | $8,357-100.0% | $95-98.1% |