Filed November 18, 2024 (most recent of 5 filings on file)
Total covered: 4 employees
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,164 | $56,511-36.0% | $185,837-80.5% | $86,813-58.3% |
| Participation rate | 53.1% | 65.5%-12.4pp | 81.7%-28.6pp | 72.3%-19.2pp |
| Annual return | 15.56% | 118.12%-102.6pp | 122.08%-106.5pp | 97.93%-82.4pp |
| Employer contribution / active EE | $1,287 | $1,844-30.2% | $5,168-75.1% | $2,406-46.5% |
| Participant deferral / active EE | $1,845 | $2,554-27.8% | $5,568-66.9% | $4,131-55.3% |
| Admin fee / account holder | $23 | $150-84.6% | $16,241-99.9% | $170-86.4% |