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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 | $43,826 | $57,976-24.4% | $63,018-30.5% | $62,293-29.6% |
| Participation rate | 56.9% | 75.9%-19.1pp | 74.8%-17.9pp | 69.5%-12.7pp |
| Annual return | 17.15% | 17.54%-0.4pp | 87.62%-70.5pp | 28.90%-11.7pp |
| Employer contribution / active EE | $0 | $2,415-100.0% | $2,761-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,448 | $2,956-51.0% | $3,330-56.5% | $3,169-54.3% |
| Admin fee / account holder | $42 | $276-84.6% | $3,601-98.8% | $479-91.2% |