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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 | $10,787 | $26,805-59.8% | $59,496-81.9% | $52,331-79.4% |
| Participation rate | 59.3% | 39.3%+19.9pp | 54.6%+4.7pp | 68.1%-8.8pp |
| Annual return | 0.09% | 2.61%-2.5pp | 182.05%-182.0pp | 4.54%-4.5pp |
| Employer contribution / active EE | $499 | $450+10.9% | $1,153-56.7% | $1,882-73.5% |
| Participant deferral / active EE | $1,192 | $916+30.1% | $1,829-34.8% | $3,022-60.6% |
| Admin fee / account holder | $13 | $305-95.6% | $2,232-99.4% | $592-97.7% |