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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 | $10,790 | $53,901-80.0% | $134,162-92.0% | $73,493-85.3% |
| Participation rate | 29.6% | 62.8%-33.2pp | 72.2%-42.6pp | 70.7%-41.1pp |
| Annual return | 21.75% | 15.82%+5.9pp | 36.35%-14.6pp | 28.51%-6.8pp |
| Employer contribution / active EE | $501 | $1,458-65.7% | $3,705-86.5% | $2,270-77.9% |
| Participant deferral / active EE | $1,708 | $2,739-37.6% | $3,500-51.2% | $3,740-54.3% |
| Admin fee / account holder | $181 | $581-68.8% | $6,685-97.3% | $513-64.7% |