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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $3,873 | $35,986-89.2% | $77,552-95.0% | $73,497-94.7% |
| Participation rate | 32.2% | 40.8%-8.7pp | 54.2%-22.0pp | 70.7%-38.5pp |
| Annual return | 29.95% | 19.26%+10.7pp | 54.82%-24.9pp | 28.51%+1.4pp |
| Employer contribution / active EE | $194 | $557-65.1% | $987-80.3% | $2,270-91.4% |
| Participant deferral / active EE | $562 | $1,198-53.1% | $1,861-69.8% | $3,740-85.0% |
| Admin fee / account holder | $66 | $466-85.8% | $2,859-97.7% | $513-87.1% |