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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $18,134 | $32,037-43.4% | $69,182-73.8% | $62,881-71.2% |
| Participation rate | 54.7% | 43.4%+11.3pp | 55.1%-0.4pp | 69.3%-14.6pp |
| Annual return | 7.96% | 15.16%-7.2pp | -21.93%+29.9pp | 20.14%-12.2pp |
| Employer contribution / active EE | $396 | $679-41.8% | $1,206-67.2% | $2,281-82.7% |
| Participant deferral / active EE | $719 | $1,185-39.4% | $1,897-62.1% | $3,203-77.6% |
| Admin fee / account holder | $19 | $2,608-99.3% | $2,697-99.3% | $4,296-99.6% |