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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $40,041 | $49,138-18.5% | $84,023-52.3% | $65,186-38.6% |
| Participation rate | 50.0% | 60.7%-10.7pp | 69.0%-19.0pp | 70.2%-20.2pp |
| Annual return | 25.66% | 23.00%+2.7pp | 71.32%-45.7pp | 29.39%-3.7pp |
| Employer contribution / active EE | $864 | $914-5.4% | $1,984-56.4% | $2,177-60.3% |
| Participant deferral / active EE | $1,656 | $2,397-30.9% | $3,239-48.9% | $3,514-52.9% |
| Admin fee / account holder | $6 | $543-98.9% | $6,102-99.9% | $847-99.3% |