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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 | $24,441 | $76,696-68.1% | $96,515-74.7% | $71,511-65.8% |
| Participation rate | 56.0% | 66.6%-10.6pp | 74.3%-18.3pp | 67.9%-11.9pp |
| Annual return | 17.59% | 48.32%-30.7pp | 35.73%-18.1pp | 28.86%-11.3pp |
| Employer contribution / active EE | $1,235 | $3,032-59.2% | $3,740-67.0% | $2,589-52.3% |
| Participant deferral / active EE | $2,355 | $3,770-37.5% | $4,880-51.7% | $4,291-45.1% |
| Admin fee / account holder | $59 | $2,030-97.1% | $6,735-99.1% | $1,588-96.3% |