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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 | $14,438 | $60,795-76.3% | $69,483-79.2% | $65,186-77.9% |
| Participation rate | 60.4% | 74.9%-14.4pp | 74.6%-14.2pp | 70.2%-9.8pp |
| Annual return | 20.88% | 17.46%+3.4pp | 28.99%-8.1pp | 29.39%-8.5pp |
| Employer contribution / active EE | $735 | $2,452-70.0% | $2,780-73.6% | $2,177-66.2% |
| Participant deferral / active EE | $1,752 | $3,162-44.6% | $3,537-50.5% | $3,514-50.1% |
| Admin fee / account holder | $28 | $314-91.0% | $3,841-99.3% | $847-96.7% |