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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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $129,381 | $144,879-10.7% | $111,319+16.2% | $93,010+39.1% |
| Participation rate | 89.8% | 86.1%+3.7pp | 77.3%+12.5pp | 73.9%+15.9pp |
| Annual return | 16.59% | 18.11%-1.5pp | 54.68%-38.1pp | 158.70%-142.1pp |
| Employer contribution / active EE | $2,747 | $3,052-10.0% | $2,732+0.6% | $2,705+1.5% |
| Participant deferral / active EE | $5,740 | $5,576+2.9% | $4,488+27.9% | $4,561+25.8% |
| Admin fee / account holder | -$9 | $104-108.8% | $7,966-100.1% | $152-106.0% |