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Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $10,716 | $69,383-84.6% | $101,271-89.4% | $73,493-85.4% |
| Participation rate | 100.0% | 68.4%+31.6pp | 75.8%+24.2pp | 70.7%+29.3pp |
| Annual return | 14.79% | 18.46%-3.7pp | 46.48%-31.7pp | 28.51%-13.7pp |
| Employer contribution / active EE | $2,410 | $2,628-8.3% | $3,660-34.2% | $2,270+6.1% |
| Participant deferral / active EE | $2,421 | $3,301-26.6% | $4,371-44.6% | $3,740-35.3% |
| Admin fee / account holder | $13 | $704-98.1% | $5,948-99.8% | $513-97.5% |