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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 | $5,595 | $48,364-88.4% | $71,796-92.2% | $62,881-91.1% |
| Participation rate | 66.7% | 60.6%+6.0pp | 69.1%-2.4pp | 69.3%-2.6pp |
| Annual return | 0.00% | 13.16%-13.2pp | 78.04%-78.0pp | 20.14%-20.1pp |
| Employer contribution / active EE | $769 | $1,042-26.2% | $1,924-60.1% | $2,281-66.3% |
| Participant deferral / active EE | $3,222 | $2,091+54.1% | $2,794+15.3% | $3,203+0.6% |
| Admin fee / account holder | $40 | $3,771-98.9% | $4,815-99.2% | $4,296-99.1% |