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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).
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 | $38,936 | $44,850-13.2% | $60,547-35.7% | $59,633-34.7% |
| Participation rate | 30.2% | 59.5%-29.3pp | 68.0%-37.8pp | 68.7%-38.5pp |
| Annual return | -0.41% | 1074.14%-1074.6pp | 335.64%-336.1pp | 2041.45%-2041.9pp |
| Employer contribution / active EE | $623 | $1,462-57.4% | $2,419-74.3% | $2,203-71.7% |
| Participant deferral / active EE | $958 | $2,230-57.0% | $3,328-71.2% | $3,192-70.0% |
| Admin fee / account holder | $42 | $3,635-98.8% | $4,536-99.1% | $4,297-99.0% |