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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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $20,602 | $91,517-77.5% | $101,275-79.7% | $73,412-71.9% |
| Participation rate | 53.6% | 73.8%-20.2pp | 75.8%-22.2pp | 72.2%-18.6pp |
| Annual return | 12.02% | 17.17%-5.2pp | 46.48%-34.5pp | 59.30%-47.3pp |
| Employer contribution / active EE | $3,012 | $2,877+4.7% | $3,660-17.7% | $2,234+34.9% |
| Participant deferral / active EE | $1,265 | $3,338-62.1% | $4,371-71.1% | $3,806-66.8% |
| Admin fee / account holder | $6 | $216-97.3% | $5,948-99.9% | $158-96.3% |