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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.
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 | $17,735 | $60,545-70.7% | $92,240-80.8% | $69,631-74.5% |
| Participation rate | 52.5% | 72.2%-19.6pp | 76.5%-23.9pp | 70.7%-18.1pp |
| Annual return | 13.77% | 19.71%-5.9pp | 176.29%-162.5pp | 27571.02%-27557.3pp |
| Employer contribution / active EE | $1,101 | $2,633-58.2% | $3,680-70.1% | $2,032-45.8% |
| Participant deferral / active EE | $606 | $2,828-78.6% | $3,897-84.4% | $3,224-81.2% |
| Admin fee / account holder | $0 | $145-100.0% | $5,194-100.0% | $110-100.0% |