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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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $36,689 | $155,795-76.5% | $136,297-73.1% | $69,631-47.3% |
| Participation rate | 28.0% | 75.2%-47.2pp | 81.9%-53.9pp | 70.7%-42.7pp |
| Annual return | 16.23% | 232464.33%-232448.1pp | 5156.16%-5139.9pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $0 | $2,991-100.0% | $4,696-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $2,735 | $5,394-49.3% | $6,247-56.2% | $3,224-15.2% |
| Admin fee / account holder | $4 | $128-96.9% | $9,244-100.0% | $110-96.4% |