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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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,965 | $85,144-74.2% | $130,062-83.1% | $80,169-72.6% |
| Participation rate | 60.7% | 79.5%-18.8pp | 78.5%-17.8pp | 72.9%-12.3pp |
| Annual return | 20.03% | 23.78%-3.7pp | -137.37%+157.4pp | 40.39%-20.4pp |
| Employer contribution / active EE | $959 | $3,059-68.7% | $4,322-77.8% | $2,978-67.8% |
| Participant deferral / active EE | $1,186 | $4,992-76.2% | $5,821-79.6% | $5,016-76.4% |
| Admin fee / account holder | $94 | $392-76.0% | $10,601-99.1% | $145-35.0% |