Filed October 11, 2022
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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 | $19,374 | $46,100-58.0% | $86,582-77.6% | $69,631-72.2% |
| Participation rate | 92.2% | 67.2%+25.0pp | 73.5%+18.6pp | 70.7%+21.5pp |
| Annual return | 46.08% | 21.02%+25.1pp | 965.08%-919.0pp | 27571.02%-27524.9pp |
| Employer contribution / active EE | $1,443 | $1,850-22.0% | $2,839-49.2% | $2,032-29.0% |
| Participant deferral / active EE | $3,743 | $2,432+53.9% | $3,609+3.7% | $3,224+16.1% |
| Admin fee / account holder | $40 | $94-57.8% | $4,904-99.2% | $110-64.1% |