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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 | $24,885 | $44,873-44.5% | $79,466-68.7% | $56,287-55.8% |
| Participation rate | 39.0% | 68.7%-29.7pp | 73.3%-34.3pp | 69.9%-30.9pp |
| Annual return | -5.74% | 0.81%-6.6pp | 718.28%-724.0pp | -9.96%+4.2pp |
| Employer contribution / active EE | $401 | $2,140-81.3% | $2,800-85.7% | $2,111-81.0% |
| Participant deferral / active EE | $1,099 | $2,746-60.0% | $3,704-70.3% | $3,350-67.2% |
| Admin fee / account holder | $101 | $418-76.0% | $5,104-98.0% | $521-80.7% |