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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).
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 | $14,357 | $73,848-80.6% | $143,799-90.0% | $68,486-79.0% |
| Participation rate | 31.0% | 66.7%-35.7pp | 80.3%-49.4pp | 67.9%-36.9pp |
| Annual return | -16.14% | 0.91%-17.1pp | -0.04%-16.1pp | -7.85%-8.3pp |
| Employer contribution / active EE | $1,293 | $3,184-59.4% | $4,952-73.9% | $2,597-50.2% |
| Participant deferral / active EE | $1,949 | $3,385-42.4% | $5,638-65.4% | $4,028-51.6% |
| Admin fee / account holder | $59 | $5,755-99.0% | $14,677-99.6% | $5,404-98.9% |