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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 | $68,561 | $52,884+29.6% | $84,753-19.1% | $55,167+24.3% |
| Participation rate | 23.2% | 67.5%-44.3pp | 76.6%-53.4pp | 69.0%-45.8pp |
| Annual return | 6.19% | 18.03%-11.8pp | 22.78%-16.6pp | 169.23%-163.0pp |
| Employer contribution / active EE | $707 | $2,233-68.3% | $3,574-80.2% | $1,963-64.0% |
| Participant deferral / active EE | $1,816 | $2,644-31.3% | $3,712-51.1% | $3,054-40.5% |
| Admin fee / account holder | $2 | $581-99.6% | $5,333-100.0% | $504-99.5% |