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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 | $43,138 | $59,231-27.2% | $90,223-52.2% | $52,331-17.6% |
| Participation rate | 46.3% | 75.0%-28.7pp | 79.0%-32.7pp | 68.1%-21.8pp |
| Annual return | -1.92% | 3.53%-5.5pp | 1.31%-3.2pp | 4.54%-6.5pp |
| Employer contribution / active EE | $730 | $3,391-78.5% | $4,378-83.3% | $1,882-61.2% |
| Participant deferral / active EE | $1,584 | $4,659-66.0% | $5,792-72.7% | $3,022-47.6% |
| Admin fee / account holder | $0 | $515-100.0% | $7,406-100.0% | $592-100.0% |