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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $38,954 | $51,769-24.8% | $57,356-32.1% | $52,331-25.6% |
| Participation rate | 69.1% | 75.2%-6.1pp | 75.1%-6.0pp | 68.1%+1.0pp |
| Annual return | -0.00% | 2.43%-2.4pp | 24.41%-24.4pp | 4.54%-4.5pp |
| Employer contribution / active EE | $724 | $2,335-69.0% | $2,689-73.1% | $1,882-61.5% |
| Participant deferral / active EE | $4,325 | $2,794+54.8% | $3,162+36.8% | $3,022+43.1% |
| Admin fee / account holder | $132 | $295-55.2% | $3,357-96.1% | $592-77.7% |