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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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,268 | $52,884-71.1% | $84,753-82.0% | $55,167-72.3% |
| Participation rate | 28.3% | 67.5%-39.2pp | 76.6%-48.3pp | 69.0%-40.7pp |
| Annual return | 15.13% | 18.03%-2.9pp | 22.78%-7.7pp | 169.23%-154.1pp |
| Employer contribution / active EE | $659 | $2,233-70.5% | $3,574-81.6% | $1,963-66.4% |
| Participant deferral / active EE | $1,246 | $2,644-52.9% | $3,712-66.4% | $3,054-59.2% |
| Admin fee / account holder | $91 | $581-84.4% | $5,333-98.3% | $504-82.0% |