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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 | $7,461 | $69,231-89.2% | $91,994-91.9% | $67,582-89.0% |
| Participation rate | 54.0% | 78.9%-24.9pp | 78.6%-24.6pp | 71.3%-17.2pp |
| Annual return | 0.00% | 32.03%-32.0pp | 69.04%-69.0pp | 378.57%-378.6pp |
| Employer contribution / active EE | $0 | $2,284-100.0% | $3,453-100.0% | $2,148-100.0% |
| Participant deferral / active EE | $2,870 | $5,854-51.0% | $5,924-51.6% | $3,539-18.9% |
| Admin fee / account holder | $4 | $107-96.6% | $7,744-100.0% | $142-97.4% |