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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 | $28,358 | $54,237-47.7% | $90,304-68.6% | $67,579-58.0% |
| Participation rate | 33.1% | 68.6%-35.5pp | 73.3%-40.2pp | 71.3%-38.2pp |
| Annual return | 17.72% | 37.27%-19.6pp | 78.13%-60.4pp | 378.56%-360.8pp |
| Employer contribution / active EE | $586 | $1,846-68.3% | $2,855-79.5% | $2,148-72.7% |
| Participant deferral / active EE | $1,031 | $2,625-60.7% | $3,885-73.5% | $3,539-70.9% |
| Admin fee / account holder | $13 | $123-89.4% | $5,354-99.8% | $142-90.8% |