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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $56,904 | $72,177-21.2% | $115,038-50.5% | $59,633-4.6% |
| Participation rate | 33.7% | 72.6%-38.9pp | 81.4%-47.7pp | 68.7%-35.0pp |
| Annual return | -1.14% | 12.02%-13.2pp | 26.14%-27.3pp | 2041.45%-2042.6pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $4,608-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $2,070 | $4,783-56.7% | $6,026-65.6% | $3,192-35.1% |
| Admin fee / account holder | $200 | $4,927-95.9% | $8,175-97.6% | $4,297-95.4% |