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Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $100,144 | $78,852+27.0% | $76,768+30.4% | $75,289+33.0% |
| Participation rate | 89.6% | 85.0%+4.6pp | 77.0%+12.6pp | 72.4%+17.1pp |
| Annual return | -3.79% | -1.29%-2.5pp | 2.43%-6.2pp | -0.04%-3.7pp |
| Employer contribution / active EE | $2,582 | $2,794-7.6% | $2,485+3.9% | $2,405+7.4% |
| Participant deferral / active EE | $5,323 | $4,800+10.9% | $3,852+38.2% | $3,739+42.4% |
| Admin fee / account holder | -$82 | $79-204.3% | $6,676-101.2% | $102-180.5% |