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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.
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 | $7,299 | $52,961-86.2% | $172,755-95.8% | $65,185-88.8% |
| Participation rate | 26.0% | 66.2%-40.2pp | 82.6%-56.6pp | 70.2%-44.2pp |
| Annual return | 243.71% | 30.12%+213.6pp | 802.94%-559.2pp | 29.38%+214.3pp |
| Employer contribution / active EE | $428 | $2,190-80.4% | $5,144-91.7% | $2,177-80.3% |
| Participant deferral / active EE | $712 | $2,471-71.2% | $5,198-86.3% | $3,514-79.7% |
| Admin fee / account holder | $0 | $472-100.0% | $13,955-100.0% | $847-100.0% |