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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 | $38,099 | $42,396-10.1% | $67,313-43.4% | $56,289-32.3% |
| Participation rate | 28.8% | 61.0%-32.2pp | 69.1%-40.3pp | 69.9%-41.0pp |
| Annual return | -7.33% | -36.63%+29.3pp | -4.08%-3.3pp | -9.96%+2.6pp |
| Employer contribution / active EE | $449 | $1,414-68.2% | $2,566-82.5% | $2,111-78.7% |
| Participant deferral / active EE | $1,198 | $2,360-49.2% | $3,568-66.4% | $3,350-64.2% |
| Admin fee / account holder | $191 | $510-62.5% | $4,507-95.8% | $521-63.4% |