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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 | $23,532 | $70,002-66.4% | $115,038-79.5% | $52,331-55.0% |
| Participation rate | 76.5% | 72.1%+4.4pp | 81.4%-4.9pp | 68.1%+8.4pp |
| Annual return | 7.90% | 4.04%+3.9pp | 26.14%-18.2pp | 4.54%+3.4pp |
| Employer contribution / active EE | $936 | $2,715-65.5% | $4,608-79.7% | $1,882-50.2% |
| Participant deferral / active EE | $6,783 | $4,920+37.9% | $6,026+12.6% | $3,022+124.4% |
| Admin fee / account holder | $31 | $566-94.6% | $8,175-99.6% | $592-94.8% |