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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 | $10,843 | $58,726-81.5% | $92,240-88.2% | $62,293-82.6% |
| Participation rate | 54.4% | 68.3%-14.0pp | 76.5%-22.1pp | 69.5%-15.1pp |
| Annual return | 28.44% | 43.62%-15.2pp | 176.29%-147.9pp | 28.90%-0.5pp |
| Employer contribution / active EE | $3,161 | $2,392+32.2% | $3,680-14.1% | $2,042+54.8% |
| Participant deferral / active EE | $1,515 | $2,766-45.2% | $3,897-61.1% | $3,169-52.2% |
| Admin fee / account holder | $0 | $556-100.0% | $5,194-100.0% | $479-100.0% |