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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $24,251 | $76,551-68.3% | $123,894-80.4% | $62,881-61.4% |
| Participation rate | 62.8% | 73.0%-10.2pp | 81.4%-18.6pp | 69.3%-6.5pp |
| Annual return | 7.15% | 18.68%-11.5pp | 47.52%-40.4pp | 20.14%-13.0pp |
| Employer contribution / active EE | $280 | $2,882-90.3% | $4,617-93.9% | $2,281-87.7% |
| Participant deferral / active EE | $4,873 | $4,840+0.7% | $5,984-18.6% | $3,203+52.1% |
| Admin fee / account holder | $67 | $4,826-98.6% | $8,357-99.2% | $4,296-98.4% |