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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.
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 | $7,410 | $49,138-84.9% | $84,023-91.2% | $65,186-88.6% |
| Participation rate | 60.6% | 60.7%-0.2pp | 69.0%-8.4pp | 70.2%-9.6pp |
| Annual return | 0.00% | 23.00%-23.0pp | 71.32%-71.3pp | 29.39%-29.4pp |
| Employer contribution / active EE | $1,799 | $914+96.9% | $1,984-9.3% | $2,177-17.4% |
| Participant deferral / active EE | $2,782 | $2,397+16.0% | $3,239-14.1% | $3,514-20.8% |
| Admin fee / account holder | $42 | $543-92.3% | $6,102-99.3% | $847-95.0% |