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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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $28,608 | $60,396-52.6% | $83,831-65.9% | $75,289-62.0% |
| Participation rate | 5.7% | 80.7%-75.1pp | 76.1%-70.5pp | 72.4%-66.7pp |
| Annual return | 463.38% | 3.84%+459.5pp | 850.99%-387.6pp | -0.04%+463.4pp |
| Employer contribution / active EE | $0 | $3,343-100.0% | $3,631-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $199 | $2,922-93.2% | $4,082-95.1% | $3,739-94.7% |
| Admin fee / account holder | $7 | $141-95.3% | $5,479-99.9% | $102-93.5% |