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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 | $6,503 | $54,045-88.0% | $115,170-94.4% | $65,185-90.0% |
| Participation rate | 62.5% | 63.5%-1.0pp | 75.9%-13.4pp | 70.2%-7.7pp |
| Annual return | 31.21% | 26.55%+4.7pp | 35.60%-4.4pp | 29.38%+1.8pp |
| Employer contribution / active EE | $561 | $1,653-66.1% | $3,179-82.4% | $2,177-74.2% |
| Participant deferral / active EE | $1,532 | $2,504-38.8% | $4,169-63.3% | $3,514-56.4% |
| Admin fee / account holder | $36 | $626-94.3% | $7,089-99.5% | $847-95.8% |