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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 | $12,934 | $53,901-76.0% | $134,162-90.4% | $73,497-82.4% |
| Participation rate | 62.1% | 62.8%-0.7pp | 72.2%-10.0pp | 70.7%-8.5pp |
| Annual return | 30.33% | 15.82%+14.5pp | 36.35%-6.0pp | 28.51%+1.8pp |
| Employer contribution / active EE | $1,269 | $1,458-13.0% | $3,705-65.7% | $2,270-44.1% |
| Participant deferral / active EE | $1,948 | $2,739-28.9% | $3,500-44.3% | $3,740-47.9% |
| Admin fee / account holder | $25 | $581-95.8% | $6,685-99.6% | $513-95.2% |