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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 | $15,409 | $63,471-75.7% | $68,803-77.6% | $66,949-77.0% |
| Participation rate | 17.9% | 60.0%-42.1pp | 69.0%-51.2pp | 69.8%-52.0pp |
| Annual return | -14.78% | -8.29%-6.5pp | -6.37%-8.4pp | 1.57%-16.3pp |
| Employer contribution / active EE | $597 | $1,776-66.4% | $2,656-77.5% | $2,545-76.6% |
| Participant deferral / active EE | $580 | $2,946-80.3% | $3,942-85.3% | $4,239-86.3% |
| Admin fee / account holder | $0 | $578-100.0% | $4,936-100.0% | $594-100.0% |