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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $42,380 | $50,643-16.3% | $106,619-60.3% | $55,167-23.2% |
| Participation rate | 29.5% | 65.6%-36.0pp | 78.0%-48.5pp | 69.0%-39.5pp |
| Annual return | 11.59% | 7.02%+4.6pp | 9.42%+2.2pp | 169.23%-157.6pp |
| Employer contribution / active EE | $740 | $1,626-54.5% | $3,947-81.3% | $1,963-62.3% |
| Participant deferral / active EE | $1,179 | $2,208-46.6% | $3,930-70.0% | $3,054-61.4% |
| Admin fee / account holder | $2 | $488-99.6% | $6,418-100.0% | $504-99.6% |