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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.
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 | $17,584 | $52,293-66.4% | $178,498-90.1% | $73,412-76.0% |
| Participation rate | 17.5% | 65.3%-47.8pp | 81.9%-64.4pp | 72.2%-54.6pp |
| Annual return | 23.09% | 34.75%-11.7pp | 151.09%-128.0pp | 59.30%-36.2pp |
| Employer contribution / active EE | $395 | $1,735-77.3% | $5,011-92.1% | $2,234-82.3% |
| Participant deferral / active EE | $649 | $2,332-72.2% | $5,202-87.5% | $3,806-83.0% |
| Admin fee / account holder | $60 | $127-52.8% | $13,985-99.6% | $158-61.9% |