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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.
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 | $53,410 | $70,002-23.7% | $115,038-53.6% | $52,331+2.1% |
| Participation rate | 68.2% | 72.1%-3.9pp | 81.4%-13.2pp | 68.1%+0.1pp |
| Annual return | 0.39% | 4.04%-3.6pp | 26.14%-25.8pp | 4.54%-4.2pp |
| Employer contribution / active EE | $1,146 | $2,715-57.8% | $4,608-75.1% | $1,882-39.1% |
| Participant deferral / active EE | $1,830 | $4,920-62.8% | $6,026-69.6% | $3,022-39.4% |
| Admin fee / account holder | $10 | $566-98.3% | $8,175-99.9% | $592-98.4% |