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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.
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 | $16,416 | $63,314-74.1% | $91,004-82.0% | $62,293-73.6% |
| Participation rate | 61.3% | 73.3%-12.0pp | 75.6%-14.3pp | 69.5%-8.2pp |
| Annual return | 14.91% | 21.00%-6.1pp | 4.60%+10.3pp | 28.90%-14.0pp |
| Employer contribution / active EE | $1,901 | $1,807+5.2% | $2,456-22.6% | $2,042-6.9% |
| Participant deferral / active EE | $1,243 | $2,944-57.8% | $3,548-65.0% | $3,169-60.8% |
| Admin fee / account holder | $42 | $468-91.0% | $5,417-99.2% | $479-91.2% |