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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 | $26,929 | $60,795-55.7% | $69,464-61.2% | $65,185-58.7% |
| Participation rate | 15.9% | 74.9%-59.0pp | 74.6%-58.7pp | 70.2%-54.3pp |
| Annual return | 24.65% | 17.46%+7.2pp | 28.98%-4.3pp | 29.38%-4.7pp |
| Employer contribution / active EE | $0 | $2,452-100.0% | $2,779-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $823 | $3,162-74.0% | $3,536-76.7% | $3,514-76.6% |
| Admin fee / account holder | $231 | $314-26.4% | $3,840-94.0% | $847-72.8% |