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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $4,587 | $51,466-91.1% | $78,778-94.2% | $62,293-92.6% |
| Participation rate | 41.8% | 59.8%-18.0pp | 69.2%-27.4pp | 69.5%-27.7pp |
| Annual return | 0.00% | 19.96%-20.0pp | 35.62%-35.6pp | 28.90%-28.9pp |
| Employer contribution / active EE | $0 | $827-100.0% | $1,986-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,286 | $2,147-40.1% | $2,958-56.5% | $3,169-59.4% |
| Admin fee / account holder | $1 | $489-99.8% | $5,134-100.0% | $479-99.8% |