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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $15,233 | $85,766-82.2% | $136,298-88.8% | $70,126-78.3% |
| Participation rate | 66.7% | 74.2%-7.5pp | 81.9%-15.3pp | 69.5%-2.9pp |
| Annual return | 17.23% | 31.46%-14.2pp | 5156.27%-5139.0pp | 73.15%-55.9pp |
| Employer contribution / active EE | $1,060 | $2,966-64.3% | $4,696-77.4% | $2,343-54.7% |
| Participant deferral / active EE | $3,648 | $5,051-27.8% | $6,247-41.6% | $3,332+9.5% |
| Admin fee / account holder | $32 | $5,421-99.4% | $9,244-99.7% | $4,645-99.3% |