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Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $61,619 | $61,356+0.4% | $149,696-58.8% | $71,511-13.8% |
| Participation rate | 79.9% | 62.5%+17.3pp | 78.8%+1.1pp | 67.9%+11.9pp |
| Annual return | 19.07% | 35.86%-16.8pp | 134.46%-115.4pp | 28.86%-9.8pp |
| Employer contribution / active EE | $2,882 | $2,382+21.0% | $4,821-40.2% | $2,589+11.3% |
| Participant deferral / active EE | $7,171 | $2,920+145.6% | $5,682+26.2% | $4,291+67.1% |
| Admin fee / account holder | $244 | $1,263-80.7% | $13,212-98.2% | $1,588-84.6% |