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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 | $19,803 | $48,078-58.8% | $78,676-74.8% | $62,881-68.5% |
| Participation rate | 49.0% | 65.2%-16.2pp | 73.6%-24.6pp | 69.3%-20.3pp |
| Annual return | 7.66% | 31.36%-23.7pp | 62.19%-54.5pp | 20.14%-12.5pp |
| Employer contribution / active EE | $413 | $2,015-79.5% | $2,850-85.5% | $2,281-81.9% |
| Participant deferral / active EE | $1,018 | $2,587-60.7% | $3,517-71.1% | $3,203-68.2% |
| Admin fee / account holder | $29 | $3,206-99.1% | $4,510-99.4% | $4,296-99.3% |