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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $3,617 | $52,293-93.1% | $178,498-98.0% | $73,412-95.1% |
| Participation rate | 38.2% | 65.3%-27.2pp | 81.9%-43.8pp | 72.2%-34.0pp |
| Annual return | 0.00% | 34.75%-34.7pp | 151.09%-151.1pp | 59.30%-59.3pp |
| Employer contribution / active EE | $0 | $1,735-100.0% | $5,011-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $1,215 | $2,332-47.9% | $5,202-76.7% | $3,806-68.1% |
| Admin fee / account holder | $15 | $127-88.3% | $13,985-99.9% | $158-90.6% |