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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 | $132,181 | $176,471-25.1% | $95,968+37.7% | $90,274+46.4% |
| Participation rate | 91.5% | 86.6%+4.9pp | 77.1%+14.4pp | 73.4%+18.1pp |
| Annual return | 25.71% | 20.15%+5.6pp | 91.65%-65.9pp | 53.97%-28.3pp |
| Employer contribution / active EE | $2,738 | $2,783-1.6% | $2,542+7.7% | $2,523+8.5% |
| Participant deferral / active EE | $5,588 | $5,325+4.9% | $4,167+34.1% | $4,231+32.1% |
| Admin fee / account holder | -$46 | $154-129.9% | $6,798-100.7% | $114-140.4% |