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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 | $57,317 | $46,722+22.7% | $130,660-56.1% | $65,185-12.1% |
| Participation rate | 28.8% | 60.9%-32.1pp | 71.7%-42.9pp | 70.2%-41.4pp |
| Annual return | 21.51% | 24.17%-2.7pp | 1709.29%-1687.8pp | 29.38%-7.9pp |
| Employer contribution / active EE | $423 | $1,488-71.5% | $4,092-89.7% | $2,177-80.6% |
| Participant deferral / active EE | $887 | $2,545-65.1% | $3,603-75.4% | $3,514-74.8% |
| Admin fee / account holder | $43 | $453-90.5% | $5,463-99.2% | $847-94.9% |