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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 | $46,494 | $59,328-21.6% | $118,914-60.9% | $73,497-36.7% |
| Participation rate | 18.1% | 62.3%-44.2pp | 75.4%-57.3pp | 70.7%-52.6pp |
| Annual return | 21.36% | 19.13%+2.2pp | 35.89%-14.5pp | 28.51%-7.2pp |
| Employer contribution / active EE | $580 | $1,803-67.8% | $3,264-82.2% | $2,270-74.4% |
| Participant deferral / active EE | $1,485 | $2,604-43.0% | $4,266-65.2% | $3,740-60.3% |
| Admin fee / account holder | $9 | $600-98.4% | $6,582-99.9% | $513-98.2% |