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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $40,631 | $58,726-30.8% | $92,240-56.0% | $62,293-34.8% |
| Participation rate | 46.4% | 68.3%-22.0pp | 76.5%-30.1pp | 69.5%-23.2pp |
| Annual return | 17.06% | 43.62%-26.6pp | 176.29%-159.2pp | 28.90%-11.8pp |
| Employer contribution / active EE | $1,145 | $2,392-52.1% | $3,680-68.9% | $2,042-43.9% |
| Participant deferral / active EE | $2,128 | $2,766-23.1% | $3,897-45.4% | $3,169-32.9% |
| Admin fee / account holder | $11 | $556-98.0% | $5,194-99.8% | $479-97.7% |