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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 | $24,366 | $50,175-51.4% | $99,470-75.5% | $65,185-62.6% |
| Participation rate | 80.2% | 68.4%+11.8pp | 73.8%+6.4pp | 70.2%+10.0pp |
| Annual return | 19.74% | 25.36%-5.6pp | 30.72%-11.0pp | 29.38%-9.6pp |
| Employer contribution / active EE | $1,119 | $1,496-25.2% | $2,540-55.9% | $2,177-48.6% |
| Participant deferral / active EE | $2,396 | $2,748-12.8% | $3,619-33.8% | $3,514-31.8% |
| Admin fee / account holder | $16 | $398-95.9% | $6,252-99.7% | $847-98.1% |