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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $25,095 | $65,364-61.6% | $92,909-73.0% | $72,975-65.6% |
| Participation rate | 62.7% | 68.3%-5.6pp | 76.0%-13.3pp | 69.5%-6.7pp |
| Annual return | 18.72% | 42.11%-23.4pp | 109.44%-90.7pp | 81.01%-62.3pp |
| Employer contribution / active EE | $1,000 | $2,594-61.4% | $3,653-72.6% | $2,440-59.0% |
| Participant deferral / active EE | $2,429 | $3,128-22.3% | $4,238-42.7% | $3,608-32.7% |
| Admin fee / account holder | $35 | $4,251-99.2% | $5,795-99.4% | $5,124-99.3% |