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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 | $13,538 | $31,388-56.9% | $73,550-81.6% | $62,293-78.3% |
| Participation rate | 5.5% | 39.9%-34.4pp | 54.9%-49.5pp | 69.5%-64.1pp |
| Annual return | 14.70% | 25.34%-10.6pp | -15.16%+29.9pp | 28.90%-14.2pp |
| Employer contribution / active EE | $182 | $498-63.4% | $1,219-85.0% | $2,042-91.1% |
| Participant deferral / active EE | $287 | $1,028-72.1% | $1,804-84.1% | $3,169-90.9% |
| Admin fee / account holder | $2 | $299-99.4% | $2,320-99.9% | $479-99.6% |