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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 | $34,980 | $36,767-4.9% | $81,473-57.1% | $62,293-43.8% |
| Participation rate | 23.0% | 54.4%-31.4pp | 68.0%-44.9pp | 69.5%-46.5pp |
| Annual return | 17.72% | 173.80%-156.1pp | 38.78%-21.1pp | 28.90%-11.2pp |
| Employer contribution / active EE | $499 | $1,128-55.8% | $2,568-80.6% | $2,042-75.6% |
| Participant deferral / active EE | $799 | $2,111-62.1% | $3,537-77.4% | $3,169-74.8% |
| Admin fee / account holder | $167 | $797-79.0% | $4,561-96.3% | $479-65.1% |