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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $115,662 | $91,179+26.9% | $178,499-35.2% | $79,852+44.8% |
| Participation rate | 62.1% | 69.2%-7.1pp | 81.9%-19.8pp | 69.6%-7.5pp |
| Annual return | 15.66% | 24.19%-8.5pp | 151.10%-135.4pp | 31.72%-16.1pp |
| Employer contribution / active EE | $2,033 | $3,256-37.6% | $5,011-59.4% | $2,471-17.7% |
| Participant deferral / active EE | $3,946 | $3,236+22.0% | $5,202-24.1% | $3,740+5.5% |
| Admin fee / account holder | $5 | $6,749-99.9% | $13,986-100.0% | $5,306-99.9% |