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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 | $107,316 | $104,544+2.7% | $96,564+11.1% | $80,187+33.8% |
| Participation rate | 93.2% | 86.4%+6.9pp | 76.0%+17.3pp | 72.9%+20.3pp |
| Annual return | 22.67% | 21.79%+0.9pp | 25.89%-3.2pp | 40.40%-17.7pp |
| Employer contribution / active EE | $3,942 | $3,527+11.8% | $2,967+32.9% | $2,980+32.3% |
| Participant deferral / active EE | $6,349 | $6,170+2.9% | $4,852+30.9% | $5,016+26.6% |
| Admin fee / account holder | -$22 | $107-120.7% | $8,256-100.3% | $145-115.3% |