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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $30,319 | $46,732-35.1% | $156,551-80.6% | $55,167-45.0% |
| Participation rate | 23.6% | 65.8%-42.2pp | 84.0%-60.5pp | 69.0%-45.4pp |
| Annual return | 7.19% | 17.72%-10.5pp | 32.23%-25.0pp | 169.23%-162.0pp |
| Employer contribution / active EE | $0 | $2,105-100.0% | $5,501-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $806 | $2,204-63.4% | $4,871-83.5% | $3,054-73.6% |
| Admin fee / account holder | $3 | $418-99.2% | $13,028-100.0% | $504-99.4% |