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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $27,372 | $80,177-65.9% | $123,894-77.9% | $57,658-52.5% |
| Participation rate | 53.4% | 74.4%-21.0pp | 81.4%-28.0pp | 70.2%-16.8pp |
| Annual return | 7.01% | 17.90%-10.9pp | 47.52%-40.5pp | 5.13%+1.9pp |
| Employer contribution / active EE | $561 | $2,913-80.7% | $4,617-87.9% | $1,974-71.6% |
| Participant deferral / active EE | $1,710 | $5,130-66.7% | $5,984-71.4% | $3,061-44.1% |
| Admin fee / account holder | $18 | $106-82.9% | $8,357-99.8% | $95-80.8% |