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Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $24,381 | $55,449-56.0% | $83,831-70.9% | $56,289-56.7% |
| Participation rate | 90.6% | 68.0%+22.6pp | 76.1%+14.5pp | 69.9%+20.7pp |
| Annual return | -7.53% | -1.38%-6.2pp | 850.99%-858.5pp | -9.96%+2.4pp |
| Employer contribution / active EE | $8,223 | $2,430+238.3% | $3,631+126.4% | $2,111+289.5% |
| Participant deferral / active EE | $2,088 | $2,935-28.9% | $4,082-48.8% | $3,350-37.7% |
| Admin fee / account holder | $0 | $656-100.0% | $5,479-100.0% | $521-100.0% |