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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 | $10,707 | $49,451-78.3% | $79,580-86.5% | $66,938-84.0% |
| Participation rate | 60.6% | 61.3%-0.7pp | 69.5%-8.9pp | 69.8%-9.2pp |
| Annual return | 0.00% | 84.25%-84.3pp | 0.15%-0.2pp | 1.58%-1.6pp |
| Employer contribution / active EE | $2,671 | $1,266+111.1% | $2,413+10.7% | $2,545+4.9% |
| Participant deferral / active EE | $4,897 | $3,159+55.0% | $3,985+22.9% | $4,238+15.5% |
| Admin fee / account holder | $20 | $595-96.7% | $6,835-99.7% | $594-96.7% |