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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.
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 | $8,305 | $42,383-80.4% | $76,523-89.1% | $64,181-87.1% |
| Participation rate | 67.9% | 58.1%+9.8pp | 68.0%-0.1pp | 69.6%-1.7pp |
| Annual return | -3.10% | -16.54%+13.4pp | -0.27%-2.8pp | 7.63%-10.7pp |
| Employer contribution / active EE | $285 | $1,563-81.8% | $2,647-89.2% | $2,381-88.0% |
| Participant deferral / active EE | $808 | $2,566-68.5% | $3,835-78.9% | $3,470-76.7% |
| Admin fee / account holder | $34 | $3,198-98.9% | $4,848-99.3% | $4,887-99.3% |