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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 | $23,192 | $47,969-51.7% | $85,969-73.0% | $52,331-55.7% |
| Participation rate | 35.4% | 61.7%-26.4pp | 76.5%-41.2pp | 68.1%-32.7pp |
| Annual return | -1.80% | -0.13%-1.7pp | 9.32%-11.1pp | 4.54%-6.3pp |
| Employer contribution / active EE | $613 | $1,460-58.0% | $3,474-82.4% | $1,882-67.4% |
| Participant deferral / active EE | $1,103 | $2,110-47.7% | $3,829-71.2% | $3,022-63.5% |
| Admin fee / account holder | $103 | $530-80.5% | $6,053-98.3% | $592-82.6% |