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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.
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 | $8,243 | $50,385-83.6% | $75,501-89.1% | $62,293-86.8% |
| Participation rate | 49.3% | 67.7%-18.5pp | 72.4%-23.1pp | 69.5%-20.3pp |
| Annual return | 0.00% | 19.90%-19.9pp | 27.35%-27.4pp | 28.90%-28.9pp |
| Employer contribution / active EE | $1,459 | $1,537-5.1% | $2,352-37.9% | $2,042-28.5% |
| Participant deferral / active EE | $2,606 | $2,445+6.6% | $3,142-17.1% | $3,169-17.8% |
| Admin fee / account holder | $3 | $384-99.1% | $5,801-99.9% | $479-99.3% |