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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.
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 | $17,008 | $56,095-69.7% | $178,503-90.5% | $90,274-81.2% |
| Participation rate | 15.0% | 65.6%-50.6pp | 81.9%-66.9pp | 73.4%-58.4pp |
| Annual return | 14.36% | 28.81%-14.5pp | 151.12%-136.8pp | 53.97%-39.6pp |
| Employer contribution / active EE | $259 | $1,572-83.5% | $5,011-94.8% | $2,523-89.7% |
| Participant deferral / active EE | $306 | $2,669-88.5% | $5,202-94.1% | $4,231-92.8% |
| Admin fee / account holder | $56 | $101-44.0% | $13,987-99.6% | $114-50.5% |