A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.
Opportunity flags
1 tripped
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.