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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $45,705 | $54,368-15.9% | $117,039-60.9% | $62,293-26.6% |
| Participation rate | 33.2% | 64.9%-31.8pp | 77.2%-44.0pp | 69.5%-36.3pp |
| Annual return | 17.09% | 21.77%-4.7pp | 18.95%-1.9pp | 28.90%-11.8pp |
| Employer contribution / active EE | $779 | $1,692-54.0% | $3,785-79.4% | $2,042-61.9% |
| Participant deferral / active EE | $1,355 | $2,269-40.3% | $3,929-65.5% | $3,169-57.2% |
| Admin fee / account holder | $2 | $493-99.5% | $5,974-100.0% | $479-99.5% |