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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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,395 | $60,165-71.1% | $74,184-76.6% | $55,167-68.5% |
| Participation rate | 38.5% | 74.2%-35.7pp | 76.6%-38.1pp | 69.0%-30.5pp |
| Annual return | 6.01% | 10.00%-4.0pp | 17.74%-11.7pp | 169.23%-163.2pp |
| Employer contribution / active EE | $782 | $1,600-51.1% | $2,370-67.0% | $1,963-60.2% |
| Participant deferral / active EE | $1,776 | $2,973-40.3% | $3,550-50.0% | $3,054-41.9% |
| Admin fee / account holder | $0 | $419-99.9% | $5,586-100.0% | $504-99.9% |