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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.
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 | $39,619 | $47,969-17.4% | $85,969-53.9% | $52,331-24.3% |
| Participation rate | 30.7% | 61.7%-31.0pp | 76.5%-45.8pp | 68.1%-37.4pp |
| Annual return | -0.39% | -0.13%-0.3pp | 9.32%-9.7pp | 4.54%-4.9pp |
| Employer contribution / active EE | $615 | $1,460-57.9% | $3,474-82.3% | $1,882-67.3% |
| Participant deferral / active EE | $915 | $2,110-56.7% | $3,829-76.1% | $3,022-69.7% |
| Admin fee / account holder | $3 | $530-99.5% | $6,053-100.0% | $592-99.6% |