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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $39,133 | $49,138-20.4% | $84,021-53.4% | $65,185-40.0% |
| Participation rate | 47.5% | 60.7%-13.3pp | 69.0%-21.6pp | 70.2%-22.7pp |
| Annual return | 32.56% | 23.00%+9.6pp | 71.32%-38.8pp | 29.38%+3.2pp |
| Employer contribution / active EE | $1,198 | $914+31.1% | $1,984-39.6% | $2,177-45.0% |
| Participant deferral / active EE | $2,444 | $2,397+2.0% | $3,239-24.5% | $3,514-30.5% |
| Admin fee / account holder | $15 | $543-97.3% | $6,102-99.8% | $847-98.2% |