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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.
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 | $35,510 | $63,114-43.7% | $92,915-61.8% | $65,186-45.5% |
| Participation rate | 8.8% | 68.8%-59.9pp | 76.0%-67.2pp | 70.2%-61.4pp |
| Annual return | 25.04% | 28.75%-3.7pp | 109.45%-84.4pp | 29.39%-4.3pp |
| Employer contribution / active EE | $0 | $2,571-100.0% | $3,653-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $308 | $3,108-90.1% | $4,238-92.7% | $3,514-91.2% |
| Admin fee / account holder | $16 | $624-97.4% | $5,796-99.7% | $847-98.1% |