Plan Audit Threshold
Compare plan participant count with caller-supplied audit and transition thresholds.
Description
Plan participant thresholds can include a review band below the audit cutoff.
Plan participant thresholds can include a review band below the audit cutoff. Applicable rules must be supplied by the caller.1
Compare plan participant count with caller-supplied audit and transition thresholds.
When to use Plan Audit Threshold
Use this tool to compare plan participant count with caller-supplied audit and transition thresholds.
Prepare the documented facts, aligned totals or expected/observed evidence labels requested. Choose applicable requirements and thresholds separately before interpreting a planning screen.
How to use Plan Audit Threshold and understand its results
- Prepare the documented facts, aligned totals or expected/observed evidence labels requested. Choose applicable requirements and thresholds separately before interpreting a planning screen.
- Enter participantCount, auditThreshold, transitionBand using the field table and calculation rules, then run the tool.
- Read thresholdMargin, screenResult. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| participantCount | Plan participant count | integer; minimum: 0 | Required |
| auditThreshold | Caller audit threshold | integer; minimum: 0 | Required |
| transitionBand | Threshold transition band | integer; minimum: 0 | Required |
Enter nonnegative integer count/threshold/band and return margin/result.
margin=count−threshold; ≥0 meets; ≥−band transition-review; else below Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| thresholdMargin | Participant margin over threshold | integer |
| screenResult | Audit threshold result | string; one of "below", "transition-review", "meets" |
{
"input": {
"participantCount": 95,
"auditThreshold": 100,
"transitionBand": 10
},
"output": {
"thresholdMargin": -5,
"screenResult": "transition-review"
}
}Limitations and assumptions
No current legal threshold, participant-definition rule or audit exemption is determined.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.
Alternative or Complementary methods
Use Investor Threshold Screen: Apply caller-supplied investor thresholds; the caller owns jurisdiction and period rules. For a complementary task, use Significant Transaction Class: Score a transaction class for audit significance.
References
-
Plan Audit Threshold — tool.io
Similar or alternative tools
- Investor Threshold Screen
Apply caller-supplied investor thresholds; the caller owns jurisdiction and period rules.
- Significant Transaction Class
Score a transaction class for audit significance.