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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $22,566 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $21,826 |
NOVA 401(K) ASSOCIATES3 years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $14,700 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,696 | $80,724-80.6% | $103,333-84.8% | $74,495-78.9% |
| Participation rate | 48.2% | 65.7%-17.5pp | 74.5%-26.3pp | 67.2%-19.0pp |
| Annual return | 13.09% | 27.56%-14.5pp | 24.88%-11.8pp | 1364.94%-1351.9pp |
| Employer contribution / active EE | $0 | $3,157-100.0% | $3,868-100.0% | $2,623-100.0% |
| Participant deferral / active EE | $2,727 | $3,860-29.4% | $5,057-46.1% | $4,346-37.3% |
| Admin fee / account holder | $189 | $2,368-92.0% | $8,355-97.7% | $1,942-90.3% |