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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $37,901 | $55,449-31.6% | $83,850-54.8% | $56,287-32.7% |
| Participation rate | 56.7% | 68.0%-11.3pp | 76.1%-19.4pp | 69.9%-13.1pp |
| Annual return | -5.29% | -1.38%-3.9pp | 850.92%-856.2pp | -9.96%+4.7pp |
| Employer contribution / active EE | $650 | $2,430-73.3% | $3,631-82.1% | $2,111-69.2% |
| Participant deferral / active EE | $5,173 | $2,935+76.2% | $4,082+26.7% | $3,350+54.4% |
| Admin fee / account holder | $12 | $656-98.1% | $5,478-99.8% | $521-97.6% |