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Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $26,120 | $75,832-65.6% | $147,617-82.3% | $59,633-56.2% |
| Participation rate | 99.0% | 71.6%+27.4pp | 84.6%+14.4pp | 68.7%+30.3pp |
| Annual return | 1.45% | 0.37%+1.1pp | 61.98%-60.5pp | 2041.45%-2040.0pp |
| Employer contribution / active EE | $2,176 | $3,485-37.6% | $5,564-60.9% | $2,203-1.2% |
| Participant deferral / active EE | $1,527 | $3,131-51.2% | $4,895-68.8% | $3,192-52.2% |
| Admin fee / account holder | $16 | $5,986-99.7% | $11,612-99.9% | $4,297-99.6% |