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More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $12,744 | $75,183-83.0% | $123,894-89.7% | $55,167-76.9% |
| Participation rate | 93.2% | 72.8%+20.4pp | 81.4%+11.8pp | 69.0%+24.2pp |
| Annual return | 13.83% | 19.01%-5.2pp | 47.52%-33.7pp | 169.23%-155.4pp |
| Employer contribution / active EE | $2,372 | $2,823-16.0% | $4,617-48.6% | $1,963+20.9% |
| Participant deferral / active EE | $3,312 | $5,084-34.9% | $5,984-44.7% | $3,054+8.4% |
| Admin fee / account holder | $67 | $663-89.9% | $8,357-99.2% | $504-86.7% |