Filed May 4, 2023
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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 | $33,028 | $62,543-47.2% | $83,327-60.4% | $55,727-40.7% |
| Participation rate | 78.1% | 78.4%-0.3pp | 77.8%+0.3pp | 70.9%+7.2pp |
| Annual return | 18.97% | 14.85%+4.1pp | 10.64%+8.3pp | 244.94%-226.0pp |
| Employer contribution / active EE | $5,125 | $2,427+111.1% | $3,379+51.7% | $2,078+146.6% |
| Participant deferral / active EE | $8,996 | $5,682+58.3% | $5,565+61.6% | $3,356+168.1% |
| Admin fee / account holder | $3 | $103-97.6% | $7,540-100.0% | $115-97.8% |