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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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $83,815 | $89,652-6.5% | $141,191-40.6% | $65,185+28.6% |
| Participation rate | 76.7% | 74.7%+2.0pp | 82.5%-5.8pp | 70.2%+6.5pp |
| Annual return | 95.92% | 32.79%+63.1pp | 71.41%+24.5pp | 29.38%+66.5pp |
| Employer contribution / active EE | $1,024 | $3,065-66.6% | $4,736-78.4% | $2,177-53.0% |
| Participant deferral / active EE | $9,197 | $5,691+61.6% | $6,710+37.1% | $3,514+161.7% |
| Admin fee / account holder | $298 | $569-47.7% | $10,264-97.1% | $847-64.9% |