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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $42,357 | $66,813-36.6% | $100,535-57.9% | $73,497-42.4% |
| Participation rate | 30.7% | 77.5%-46.8pp | 79.4%-48.7pp | 70.7%-40.0pp |
| Annual return | 20.04% | 25.70%-5.7pp | 30.90%-10.9pp | 28.51%-8.5pp |
| Employer contribution / active EE | $583 | $2,147-72.8% | $3,419-82.9% | $2,270-74.3% |
| Participant deferral / active EE | $973 | $5,883-83.5% | $6,271-84.5% | $3,740-74.0% |
| Admin fee / account holder | $73 | $512-85.8% | $8,085-99.1% | $513-85.8% |