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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $19,688 | $34,492-42.9% | $80,004-75.4% | $55,191-64.3% |
| Participation rate | 35.4% | 62.9%-27.5pp | 73.0%-37.6pp | 69.2%-33.8pp |
| Annual return | -1.73% | 3.50%-5.2pp | 7.63%-9.4pp | 10.78%-12.5pp |
| Employer contribution / active EE | $535 | $1,043-48.7% | $2,473-78.4% | $1,899-71.8% |
| Participant deferral / active EE | $966 | $2,104-54.1% | $3,204-69.8% | $3,046-68.3% |
| Admin fee / account holder | $191 | $69+175.5% | $5,033-96.2% | $91+110.4% |