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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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $20,233 | $57,976-65.1% | $63,018-67.9% | $62,293-67.5% |
| Participation rate | 17.5% | 75.9%-58.4pp | 74.8%-57.3pp | 69.5%-52.0pp |
| Annual return | 17.53% | 17.54%0pp | 87.62%-70.1pp | 28.90%-11.4pp |
| Employer contribution / active EE | $0 | $2,415-100.0% | $2,761-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $700 | $2,956-76.3% | $3,330-79.0% | $3,169-77.9% |
| Admin fee / account holder | $196 | $276-29.0% | $3,601-94.6% | $479-59.1% |