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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $41,628 | $69,383-40.0% | $101,275-58.9% | $73,497-43.4% |
| Participation rate | 20.4% | 68.4%-48.0pp | 75.8%-55.4pp | 70.7%-50.3pp |
| Annual return | 17.74% | 18.46%-0.7pp | 46.48%-28.7pp | 28.51%-10.8pp |
| Employer contribution / active EE | $0 | $2,628-100.0% | $3,660-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $499 | $3,301-84.9% | $4,371-88.6% | $3,740-86.6% |
| Admin fee / account holder | $59 | $704-91.6% | $5,948-99.0% | $513-88.4% |